Microsoft isn’t worried about a PS3 price cut

Unless you live on Mars, you know that the PS3 slim is possibly coming. And it could be very soon. On top of that, with Sony’s strong holiday line-up consisting of big names like Uncharted 2: Among Thieves and Ratchet & Clank Future: A Crack In Time, you’d think Microsoft might start feeling the pressure a little. Apparently not. With a rumoured price drop of their own coming, Xbox executive Chris Lewis is fairly confident that the 360 is on stable ground right now.

“We are in a good place in terms of the value we offer. We have a plan and a rhythm we are marching to – and we won’t be knocked off that cadence in terms of what the opposition might do.” Sounds like all’s well at Xbox camp then. The battle of the price drop is going to make next week’s GamesCom quite a show it seems.