Best Buy Co. Inc. this week price cut Sony Corp.’s Playstation 3 160GB by $20 in a temporary sale post losses in the company’s game division.
This week, the PS3 160GB SKU holds a sale price of $229.99, $20 off the $249.99 MSRP.
Sony in July said the company’s game division, which includes the Playstation business, incurred a $45 million loss on revenue of $1.5 billion in the first quarter amid declining sales of consoles and handhelds.
By comparison, the division held a $52.3 million profit in the same quarter one year ago.
The Playstation 3 and Playstation 2 sold a combined 2.8 million units in the quarter, down from 3.2 million from one year prior.