- It is official - Trumpo has been mauled by the Bear.
- The FTSE 100 has dropped again today to offically trigger a bear market.
- Fri 11th Jul 2008
- Interest rates set to rise.
- Trumpo weeps along with builders, bakers and candle stick makers.
- Fri 20th Jun 2008
- House Builders weep
- Trumpo has just been sent a frightening set of statistics from a super-successful builder.
- Fri 13th Jun 2008
Playstation 3 - price to drop?
Fri 6 Jul 2007 3pm
There was fevered internet speculation yesterday that Sony might reduce the price of its new Playstation 3 (PS3) in the US.The console, released in 2006, retails at $599 in America. A price cut would most likely lead to a similar discount in the UK.
Gaming website Kotuaku.com posted what it claimed was a forthcoming promotional sales flyer for US electronics retailer Circuit City yesterday, which listed a $100 discount for the PS3.
Industry source GameDaily then claimed that it had "received confirmation" that prices will be cut to $499 on July 12th. It remains unclear as to whether the new price will be exclusive to Circuit City.
The PS3's biggest rival is Nintendo's Wii, which retails at $250. Also launched last year, the innovative Wii has outsold its more traditional rival worldwide. In Japan, spiritual home of the gaming industry, the ratio is as high as six to one.
President of Sony Ryoji Chubachi told Reuters today that currently it had "no plans" to cut the PS3 price.
However, Reuters also polled four analysts of the gaming industry this week. Three expected a $100 price cut to come by the end of the year.
