Sony: 'Games more important than PS3 price'

Sony has said good quality games are more important than a price cut as it bids to steer the PlayStation 3 to success.

Company president David Reeves told VG247: "We’re not going to drop the price this year." He went on to explain his belief that Nintendo is achieving success with games not price.

“I think whatever price they’re at, I think it’s the games that have really, really driven it," Reeves said.

“We started off at the beginning of the year with GT5 Prologue, then we went to GTA IV, then Metal Gear Solid. There’ll be LittleBigPlanet, and then we move onto PES and FIFA and all those.

"We’re on rails, and I think that those games are going to drive it."