Microsoft not worried about PS3 price drop
January 15th, 2009 Posted in Business, Microsoft, PlayStation 3, Sales, Xbox 360
Earlier this week, an analyst at Wedbush Morgan predicted that Sony would be dropping the price of the Playstation 3 by $100. Aaron Greenberg, director of product management for Xbox 360 and Xbox Live, is confident that they will remain on top even if the PS3 does get a price drop.
“We’re not too worried about it,” said Greenberg. “Our belief is we will be able to continue to deliver more entertainment … at a better value even if they dropped by $100. We would still maintain a price advantage.”
The Xbox 360 Arcade currently retails for $199.99, while the 80GB Playstation 3 retails for $399.99
Read (Seattle Tech Report)