Sony cut the price on the PS3 by $150 Canadian today to set the price at around $550.\u00c2\u00a0 Online site Futureshop already has the new pricing reflected while Bestbuy still shows the older price.\u00c2\u00a0 The new price cut comes as sales of the next-gen console have been poor.\u00c2\u00a0 Sony is hoping to double their monthly sales numbers as a result of the price cut.\u00c2\u00a0 The price cut should help to promote sales but it is very likely that a price cut by Microsoft will take away some of its thunder.\u00c2\u00a0 There is some speculation that the Microsoft price cut on its 360 will come before the end of the week.\u00c2\u00a0 If that is the case, Microsoft will probably continue to dominate the sales.\u00c2\u00a0 The announcement last week about three year waranty and then a price cut will surely allow them to increase sales.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sony cut the price on the PS3 by $150 Canadian today to set the price at around $550.\u00c2\u00a0 Online site Futureshop already has the new pricing reflected while Bestbuy still shows the older price.\u00c2\u00a0 The new price cut comes as sales of the next-gen console have been poor.\u00c2\u00a0 Sony is hoping to double their monthly … Continue reading Sony Slashes PS3 Price<\/span>