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Digital gaming lovers are amazed by the recent Sony Corp (NYSE:SNE)’s new play station set. Yet, very few of them are going to invest an expected amount of $500 to $600 in gaming equipment. As customers who are price sensitive are happy that PS3’s prices are going down, which is fully capable of fulfilling their current gaming needs.
Digital gaming needs and wants of the customers are changing with every passing year therefore; the companies are forced to make changes, on a more frequent basis. Therefore, the gaming leader has introduced new PS version lately.
The previous version of the device was revealed by the company at E3 in May of 2005. According to the media reports, previously PS2 hit a record low price of $129, when the PS3 was launched, while the similar thing is happening with PS3 right now.
The customers are suggested to delay the purchase of the PS3 because;it is anticipated to come down even further, which will enable the users to attain a significant cost advantage in the near future.
The London based investment manager on the other hand, drafted a letter, which was posted toAlex Mandl, the head of Dell (NASDAQ:DELL)’s special committee that, the company recommends that the share value should be $21 or $22 a piece. But, the company has already sold itself to the investment consortium against the sum of$13.65 a share.
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