The big two next generation games consoles, Sony PS3 and Microsoft Xbox 360 could end up going head to head in a price cutting war. Just recently Xbox have reduced the price of their 360 in Europe; this was done in the hope to stop the decrease in sales.
It is not known if Sony will follow, however if they did then we could very well see a price war between the big two. Following the price cut, the Xbox 360 is now cheaper than the Nintendo Wii in Europe. It seems only a matter of time before Sony is forced to reduce the price of the PlayStation.
Source - Blorge
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