No PSP price cut this year

Ben Reid
6 Oct 2006 0:37

Sony Computer Entertainment has announced that the US price of its Playstation Portable (PSP) handheld gaming system will not be lowered, at least not this year. It also said that the library of available games will double to around 230 by the end of the year.
"We don't necessarily see the need to cut the price," said John Koller, a product manager at Sony. "We need to offer broader value and introduce new consumers to what the PSP can do."

The PSP, which Sony began retailing last year, is currently priced at $200 without some original add-ons, or at $250 as a bundle which includes the device, a movie and a memory card.
But Koller says there will be around 110 new titles available by the end of 2006, which will bring the total roster to around the 230 mark.

He also added that the company will soon reveal details of how the PSP is to integrate with its eagerly awaited next-gen game console, the PlayStation 3, which is penned to hit stores in November.

Source:
CNET

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