updated 04:35 pm EDT, Wed March 21, 2007
Blu-Ray Reaches 500 Mark
Dedicated Blu-Ray movie players have reached the $500 price level for the first time, an online listing has revealed. Amazon is now selling the Samsung BD-P1000 for $500, undercutting the official $900 price by a wide margin for the 1080p-native device. The Samsung unit is also the first to match the price of the previous record-setter, Sony's PlayStation 3, which currently sells at a loss to compete with Microsoft's Xbox 360.
Word of the cut arrives just a day after news of Toshiba HD DVD price drops, prompting speculation that the rival disc formats are beginning a new price war to maintain their hold. HD DVD has recently been struggling as the PlayStation 3 has spurred relatively higher numbers of Blu-Ray movie sales. [via TG Daily]