Monday, August 14, 2006

PSP price cuts on the way

Analysts believe Sony is preparing to <A HREF="http://money.cnn.com/2006/08/11/commentary/column_gaming/index.htm">cut PlayStation handheld gaming system prices</A> in coming months. While the price of the PlayStation 3 may prove to be too high for some this holiday season, it's looking more and more likely that Sony will try to tempt consumers with a less expensive handheld gaming system. As it prepares to launch its next generation machine, Sony is apparently stockpiling finished gaming hardware, which analysts believe to be the PSP. That, they believe, is a signal that the company plans to reduce the price of the PSP as the holidays get closer.

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