The competition is heating up towards the Christmas season. Sony has announced yet another price drop for the PS2 is Japan. The new price settles approximately to $180. Also, the PS2 is offered in different colors for the holiday season and bundled with games.
The Sony PS2 was launched back in the year 2000 and clearly the console market of the "second generation" consoles (PS2, Xbox, GameCube) is beginning to show signs of maturity. Console makers are now pushing the aging products by lowering the price, while preparing the next generation machines that are expected to be launched in 2005.