Wii, not Xbox 360, may have prompted PS3 price cut in Japan

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Sony's unexpected price drop of the base PS3 comes just two days after Microsoft's announcement to offer a bargain priced HD DVD price for the Xbox 360. But Sony may not be worried about Microsoft, but rather about a strong Nintendo Wii in Japan, Chris Crotty of market research firm Isuppli suggests. And there may little reason for Sony to extend the price cut to the U.S.

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