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Fierce price cuts by Nintendo and Microsoft Xbox forces Sony to lower the PlayStation 3 by 20% in Japan - start of price war in gaming industry?
Karen Zuba
Sep. 22, 2006

The price war will drag Sony, Microsoft and Nintendo down.Fierce price cuts by Nintendo and Microsoft Xbox forces Sony to lower the PlayStation 3 by 20% in Japan. Experts are calling for a start of price war in gaming industry.

Sony priced its 20GB PS3 at $420 about 21% lower than the initial price. This is the direct effect of the fierce price cuts by Nintendo and Microsoft Xbox.


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