When asked if Sony would reveal a similar service to Microsoft's Xbox Live Video Marketplace, Harrison said, "We have a hard drive, we have a commerce engine, it doesn't take a rocket scientist to figure out we will have that on the network very shortly." Microsoft's download service for the Xbox 360 has seen strong sales, especially of high definition downloads.
Harrison also took the opportunity to address some claims that Sony may slash the price of the PS3 as early at this year. "Well, do you know what [Sony Senior VP Takao Yuhara] said was, cost reduction, not price drop, and there's a big difference between cost reduction and price drop. So, that I believe is where the confusion came from," Harrison explained. "Obviously, we are investing our money in making PlayStation 3s cheaper to manufacture -- that's part of our business plan."
Sony loses an estimated $301 on every PlayStation 3 (PS3) sold.
Source:
DailyTech