Sony has announced 25% of price reduction of Play Station II. The Play station II(PS2) which was sold at Rs.6500 to Rs.7000 ($120 - $125) will be sold less than Rs.5000 (just $100).
Sony has taken this immediate action not because of the sales has come down, because Sony has estimated the life time for PS2 as 10 years so we can expect new games to be released for the PS2 console by 2010.
Sony's action was so strange because even PS2's successor PS3 has turned 3 years and still Sony believes that it will maintain the market for PS2.
Rumors are being spread about the Sony that PS2 lost its fame and so Sony PS2 will be terminated but the Price tags which was gradually reduced will surely give the nourishment for sales of the PS2 console.
Sony inspite of its tough competition with XBOX, also concentrates on the Lower budget gamers.
Lets expect some more offers from Microsoft also...
Cheers!!!
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