PS3 sales gain on Blu-ray, fall of HD DVD
Published: February 18, 2008 8:57 AM PDT
Sales for Sony Corp.'s Playstation 3 rose on Amazon this past weekend following a round of support for the Blu-ray disc high-definition format over Toshiba Corp.'s HD DVD.
Each PS3 sold includes a Blu-ray disc drive to play new high-definition format films.
Netflix Inc. last week said that it will discontinue the rental of HD DVD titles by the end of the year.
Best Buy last week said that it would recommend Blu-ray as the preferred high-definition format to in-store and online customers.
Additionally, Wal-Mart stores late last week said it will sell only Blu-ray disc products and phase out HD DVD by mid-year.
Retailers are offering strong promotional support for Blu-ray over the President's Day weekend.
Amazon.com is promoting a 3-for-2 sale on Blu-ray disc titles.
It is also offering up to 50% percent off select Disney Blu-ray disc titles.
Target this week is offering a free $40 gift card with the purchase of a 40GB PS3 SKU.
Finally, Circuit City this week is promoting a full page of discounted Blu-ray titles in its latest retail circular.