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More Moves at Microsoft: 3 Top Executives Step Down! 50°
April 1, 2008 // 10:32 pm - The revolving door in Redmond is spinning again.

This time, two top executives have left the company and a third will do so in a few months. They are:

--G. Michael Sievert, formerly corporate VP for Windows Product Marketing

--Steven Berkowitz, senior VP in the Online Services group

--Pieter Knook, formerly senior VP in the Mobile Communications Business

Sievert, previously executive vice president and chief marketing officer at AT&T Wireless Services Inc., had been with Microsoft since 2005. As the executive...

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Sony officially announce price cut for some PS3 games 500°
March 22, 2008 // 5:11 pm - According to French Web site Jeux-France, Sony Computer Entertainment Europe has re-examined the price of some of its older PlayStation 3 titles.

Apparently the following titles will now cost 40 Euros: Resistance: Fall of Man, Lair, Folklore, One Championship Edition Formulated, MotorStorm, Ridge Racer 7, Heavenly Sword and Genji.

However, it seems the games have been available at online retailers such as 'game' at this price for some time.

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Microsoft officially announce 360 price cut; now mass market in Europe 50°
March 10, 2008 // 5:13 pm - Microsoft today announced it is lowering the estimated retail price (ERP) for its X-Box 360 family of consoles in Europe from Friday, 14th March. The entry level Xbox 360 Arcade console now has an ERP of £159.99 saving £40.

The Xbox 360, which includes a 20GB hard drive and one wireless controller, will have an ERP of £199.99 saving £50, and the Xbox 360 Elite will have an ERP of £259.99 saving of £40.

Microsoft say the move is an ongoing strategy to open up the ultimate in high-definition gaming and entertainment to an even wider audience, with an offering for...

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Sony's New Executive Appointments 50°
February 26, 2008 // 12:01 pm - Following the sudden resignation of Phil Harrison, Sony has announced the appointment of three new key executives - Robert Dyer is the senior VP of PR, Ian Jackson is the VP of sales and Sally Buchanan is the VP of HR. These new figures will all report to CEO Jack Tretton.

To quote: It looks like Phil Harrison's sudden resignation was not the only change in Sony's executive lineup as of late. In a recent press release, Sony Computer Entertainment America announced the appointment of three new key executives: Robert Dyer to Senior Vice President of Publisher Relations, Ian Jackson...

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Blu-ray to accelerate PS3 sales, PS3 price cut by years end? 50°
January 9, 2008 // 8:39 pm - Analysts believe the Warner exclusive Blu-ray news is good for the PS3 and that Blu-rays success will lead to an acceleration of PS3 sales. Around 70 -80% of PS2 owners used the console as their first DVD player and the same could be true of PS3/Blu-ray.

Michael Pachter believes that this year HDTV penetration will cross 50% of households and thats when Blu-ray will become more relevant, and Sony will likely cut the price of the PS3. However others believe that exclusive games are the most important factor and Blu-ray is not a main concern.

To quote: Michael...

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Price cut spurs Xbox 360 sales at Japan retailer 50°
November 1, 2007 // 4:23 pm - Microsoft Corp.'s new Xbox 360 bundle ranked in the top 10 at Amazon Japan on Thurs. after the company price cut the hardware in the region.
The bundle, which retails for 34,800 yen, includes an HDMI-equipped Xbox 360 Premium SKU, wireless controller, and a copy of Forza Motorsport 2 and Viva Pinata. It ranked at No. 8 on Thurs. at the Amazon Japan game division.

Microsoft last month announced a 13 percent price cut for Xbox 360, which has seen slow sales slow sales in Japan next to popular handhelds and Nintendo Co.'s Wii.

In addition, Sony Corp.'s Playstation 3...

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Michael Pachter talks upcoming PlayStation price cuts 50°
October 31, 2007 // 6:15 pm - Wedbush Morgan analyst Michael Pachter has gained a fair bit of respect from us over the last year or so, and for good reason. He has been right on a lot of his claims, and generally close to correct on rest.

When speaking about hardware and software sales throughout 2007 and into 2008, Pachter speculated that Sony would lower the cost of it's aging PlayStation 2 early next year.

"Sony announced a SingStar PS2 bundle for $149, and will likely cut the price for the PS2 at the beginning of next year (note that Sony recently raised its forecast for PS2 sales by 2 million...

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Apple in iPhone price cut apology 50°
September 7, 2007 // 3:01 pm - Apple chief executive Steve Jobs has offered compensation to customers who have already bought an iPhone - after the firm cut $200 (£99) off the price.

The company slashed the cost of the eight-gigabyte version of the phone - only available in the US - to $399.

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