NOt just a news rehash: While it is news from Germany, this article discusses at length the various aspects of the announcement and how both Microsoft and Nintendo may fare from it.

Also covers older aspects of the early life of the PS2 compared to the PS3 in how they have followed a similar course to date. Also looking at the influence the Wii is having on a new gaming demographic, female gamers.

Well if MS ever need a better opportunity to strike, then now is the perfect time. A definite price drop by Christmas season could see many more 360’s just run right off the shelf than PS3’s this coming holiday season.

Howard Stringer, CEO of Sony said that there will be no price cuts on the PS3 atm as they are still well in the red with the PS3 and getting to a point of getting money back on the PS3, he jokingly commented “Not for as long as I live. It will certainly take some time.”

In fact, the PS3 has Sony in the red to the tune of $US3.3 billion as of its annual ‘08 fillings since its launch, a factor that was definitely pushed that way by the godfather of the Playstation Ken Kutaragi. It was he who single handedly went headlong into expending ever cent possible on the PS3’s development, even at the request (demand) of the CEO Howard Stringer himself.

With Kutaragi basically ignoring the CEO, and blatantly doing as he pleased. Which also include dropping the Retail Price of the smaller PS3 prior to its launch. Something that really ticked Howard Stringer off no end. As it was loosing money anyhow, let alone at an even lower retail price point.

XboxOZ360 via xboxoz360gamer.com »