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Sony to Expand PS2 Business, But No PS3 Price Cut

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Sony to Expand PS2 Business, But No PS3 Price CutSony to Expand PS2 Business, But No PS3 Price Cut

Posted by: Tweaker
Date added: 09:09, 21st September 2007 GMT
Source: PC World News

Sony Computer Entertainment Inc. (SCEI) opened Japan's biggest computer gaming event on Thursday with a keynote speech that promised a new PlayStation 3 controller and expansion of its PlayStation 2 business, but not an anticipated price cut.

Kaz Hirai, the recently appointed president and CEO of the Sony gaming unit, said SCEI plans to put more effort into expanding its PlayStation 2 business. At the same time it will continue to push the PlayStation 3.

The plan is unusual because gaming companies typically de-emphasize old consoles when newer versions become available, but Sony's in an unusual situation. Instead of snapping up the PlayStation 3, many consumers have shunned the console because of the high price.

As part of Sony's new plan, it will promote the PlayStation 2 in developing markets while also continuing to publish new games.

Many had been anticipating that Sony would use the Tokyo Game Show keynote to announce a lower price for the PlayStation 3. It was at the same event last year that Ken Kutaragi, then president of Sony's computer gaming unit, announced a cut in the price of the PlayStation 3 after criticism from both the media and potential users that the console is too expensive.

This year, that didn't happen. Instead a new controller, the DualShock 3, was announced. The controller answers user's calls for a device with a "rumble" feature, which makes the controller shake at certain points in games. The DualShock 3 will hit Japan in November and be available in Europe and North America in early 2008.

More on this story here.

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