Technology giant Sony is reportedly looking into cutting prices on Playstation 3 gaming consoles.
Even though Sony loses about (U.S.) $200 for each unit sold, the company believes that selling units for less will increase sales of games and peripherals, which is apparently where the company makes the most profit. By reducing prices on Playstation 3 units, Sony's gaming division is looking to break even by 2008.
The report is not indicative that Sony will reduce the price of the console, only that it is looking into doing so.
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This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.
Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.
Note that some listed sources or external links may no longer be available online due to age.
