Skip to: Content
Skip to: Site Navigation
Skip to: Search

August 30, 2008 11:46:27 CDT

Learn about Newser Points »

« Back to the grid | Next story »

Price Cut Lifts PlayStation Sales

Posted Nov 15, 07 9:02 PM CST in Business,  Technology 

(Newser) – Long lagging behind the Nintendo Wii and without a 'Halo 3' to rescue it, Sony's PlayStation 3 is finally seeing sales pick up in the weeks after a $100 price cut and introduction of a lower-end model. Sony said it sold 100,000 consoles last week, compared to sales of 30,000-40,000 a week before the Oct. 18 price cut.

Those improved sales also stem from the Nov. 2 release of a PS3 with a 40 GB hard drive available for yet another $100 less than the discounted $499 80 GB model. "Obviously, we've taken so much heat over the year on PS3," Sony's CEO said. "Finally, the turning point has been passed."

Source Associated Press

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • Microsoft Aims to Broaden Xbox Appeal

    Jul 15, 08 10:18 CDT
    Microsoft Aims to Broaden Xbox Appeal Microsoft hopes to discard the image of its Xbox 360 as a distinctly young, overwhelmingly male form of entertainment and push more casual experiences toward a wider, mainstream audience, the New York Times reports. Microsoft debuted more accessible entertainment fare at the annual E3 convention yesterday, including features to share photos and stream Netflix movies, as well as family-friendly games. More »

  • Xbox Price Cut to Clear Way for New Model

    Jul 14, 08 2:10 CDT
    Xbox Price Cut to Clear Way for New Model Microsoft is slashing the price of its Xbox 360 video game system to clear shelf space for a new model with a larger hard drive, the Seattle Post-Intelligencer reports. The long-rumored price reduction knocks $50 off the $350 price of the 20-gigabyte model. The new pricetag places the Xbox 360 at $50 more than Nintendo’s wildly popular Wii system, and $100 below Sony’s Playstation 3 console. More »

  • PS3 Sales Help Sony Get Its Q4 Game On

    May 15, 08 6:59 CDT
    Sony reported fourth quarter profits of $277 million yesterday, driven largely by its once-sputtering PlayStation 3, which passed Microsoft's Xbox 360 and is nipping at the heels of Nintendo’s Wii. The results vastly improved on a loss of $643.6 million a year ago, reports the Wall Street Journal.  More »

  • Microsoft Opens Game Creation to Users

    Feb 21, 08 4:01 CST
    Microsoft Opens Game Creation to Users Microsoft says it's going to bring democracy to video game creation and distribution, MSNBC reports. Microsoft's game-making kit has been a popular download, and the company is now introducing a way for gamers to share the games they make with millions of fellow enthusiasts. They plan to launch a YouTube-style XBox Live Community  this fall where gamers will share, play, and rate their creations. More »

  • Video Game Sales Shatter Annual Record

    Jan 18, 08 10:23 CST
    Video Game Sales Shatter Annual Record More video games were sold in 2007 than ever before, with a total of $17.94 billion marking a 43% increase over 2006, reports the AP. Much of the growth came from sales of Nintendo's chronically undersupplied Wii and Microsoft's Halo 3, market researcher NPD Group said. Nintendo dominated gaming system sales, moving 6.3 million Wii units and 8.5 million of the most popular system, the portable DS. More »

Jack Tretton, president and CEO of Sony Computer Entertainment America, talks about the PlayStation 3 game during a new conference, Wednesday, July 11, 2007, in Culver City, Calif. (AP Photo/Mark J. Terrill)   (Associated Press)
Three different colored models of Sony's new PlayStation 3 video game machine are displayed on the opening of Taiwan's Taipei Game Show, in Taipei, Taiwan, in this February 16, 2006, file photo. (AP Photo,...   (Associated Press)
An adjacent high-definition television is reflected in the sleek shell of Sony's PlayStation 3.   ((c) William Hook)
A boxed Sony Playstation 3 with 80gb harddrive. Playstation 3 sales have boosted considerably since a recent price drop.   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (1 of 2)

Tags

Microsoft  • video game  • Nintendo Wii  • Sony  • Xbox 360  • game consoles


Loading...

Premium Articles from HighBeam

Find more articles like this

Today's Most Popular


Other Technology Stories

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »