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Analysts: Sony PS2 Price Cut Signals PS3 Price Drop This Year 350°
April 1, 2009 // 7:14 pm - Now that it's in a price-cutting mood, analysts tracking Sony Corp. (SNE) say the company is more likely than ever before to lower the price of its flagship PlayStation 3 videogame system sometime this year.

To quote: Sony's computer entertainment division announced Tuesday it will lower the price of its PlayStation 2 console to $99.99. The PS2 was released in 2000.

Sony hopes the 23% price cut, which takes effect Wednesday, will sustain the life of the PS2, which...

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Analysts: PS2 Not Dropping To $99 Any Time Soon 250°
April 29, 2008 // 4:35 pm - Analysts have agreed that we won't see the PS2 dropped to $99 in the near future in the US as the demand is still high. One analyst believes that once the PS3 it is compelling content like 'Guitar Hero' and 'Rock Band' that keeps the demand for PS2s up.

To quote: On Thursday evening, Pachter left us a voicemail, in which he said:

The real reason we haven't seen a $99 PS2 is that demand hasn't dropped enough for Sony to justify the price cut. Compelling content like 'Guitar Hero' and 'Rock Band' keeps the demand for PS2s up. I saw a 'Guitar Hero' PS2 bundle...

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