Will Blu-ray Prices Drop With HD DVD Competition?

What will Blu-ray do now that HD DVD prices are dropping so drastically? Follow suit? Even though Blu-ray trumps HD DVD sales more than 2-1 currently, the majority of those sales are thanks to the Playstation 3 and surveys have indicated that the majority of PS3 owners don't even know that the game console has a Blu-ray player.

Sony Electronics president Stan Glasgow announced on Friday that Blu-ray prices should drop to around $399 but not to expect prices much lower than that. He also seemed confident in the fact that 170 companies back Blu-ray while only 2 back the HD DVD format. Currently prices for Blu-ray players start at about $499 and move up from there, so the forecasted drop is significant, but nothing compared to the sub-$100 HD DVD deals available now.

One thing is for sure: the holiday season of 2007 will be more about war than peace for Blu-ray and HD DVD.

Via Crave

Read More in: HD-DVD

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