Console Wars: PS3 Sales Surge 135% Since Price Drop, Sony Seen Laughing on Way to Bank

"Crediting a strategic price cut and a strong E3 showing, Sony is gloating over its latest figures: PS3 sales are up 135% since the July 9th announcement of the $499 price tag. With Xbox 360 sales dropping, new firmware updates enhancing the basic functionality of the system, Blu-ray pushing hard against HD-DVD and a growing lineup of original titles including the exclusive Metal Gear Solid 4, the PS3 seems determined to become a serious console competitor before the year is over."