Sony announced that it will decrease it's PS3 price 100$ of the retail price. Sony is the worlds largest electronics company started by Japanese.
The price of Sony PlayStation 3 now days is around about $400. PS3 is the most expensive gaming console in the market as compared to it's competitors Nintendo wii and Microsoft Xbox-360.
There are some rumors in the market, we don't know whether they become true or not, that Sony will not cut the price of PS3 but will launcher a cheaper and slim version of PS3 at the price of $299. The rumor PS3 is expected to have upgraded firmware and other system properties.
The sale of Sony was also less this year as compared to its competitors.

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