Sony cuts Playstation 2 (not PS3) price to $99

Sony has announced it'll be dropping the price of a Playstation 2 to $99.99 starting April 1. That should definitely get the PS3 predecessor flying off shelves everywhere. Compared to the PS3's $400 price tag, buying a PS2 now is likely buying a 2 x 4 instead of a new house. In today's economy at least. Unfortunately for those that were hoping for a PS3 price cut, an official statement from Al De Leon, PR Manager for Sony Computer Entertainment America, confirms such thinking is nothing more than a pipedream. "As we have stated previously, we do not have plans for a PS3 price drop, and any rumors to that effect are false and are the result of speculation," De Leon said. "SCEA remains focused on the long-term momentum of PS3. With the industry's best software lineup this year, combined with our most aggressive marketing campaign to date, we remain confident in our approach and the value we're delivering with PS3."

Okay, but the only problem with Sony's strategy here is that for the next few quarters, the PS2 and not the PS3 will be the world's number one selling game console.

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