Sony cuts the PS3 price to extend its life cycle
Sunday, August 30, 2009
by Jim Riley
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When Sony launched the original PlayStation 3, they intended the product to have a ten-year life cycle. The latest version of the PS3 has just been launched worldwide: a lighter and more powerful machine and, perhaps more importantly, it comes with a chunky price cut. This video briefly examines the business strategy behind the latest extension activity for the PS3.
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