BUZZ: Console Concessions

Via a number of sources comes the news that the price of the PS3 is going to drop from $599 to $499 on the 12th of July. I'm not sure how much a price drop from 'really expensive' to 'still really expensive, but less so' is going to change SONY's fortunes, but it's certainly a step in the right direction.

Just as SONY makes that concession comes the news that users who experience the 'red ring of death' on their Xbox 360 console will have their warranty extended to three years.

It's good to see both companies able to bow to public pressure, but is it a case of too little too late?

[Report: PS3 $499 on July 12 at GameDaily BIZ]
[Microsoft Expands Xbox 360 Warranty Coverage press release]

Add to: digg reddit del.icio.us