Sony Faces PlayStation Price Pressure After Nintendo Cuts

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Sony Corp., the world’s second-largest maker of video-game machines, shouldn’t count on Yukinobu Takeda to stand in line for the $380 PlayStation Vita when the portable player begins selling this year.

“PS Vita’s quite expensive,” said Takeda, 36, an event planner in Tokyo, who owns both a PlayStation Portable and a Nintendo Co. DS handheld machine. “I don’t think I’ll be one of those people rushing to buy it on the release date.”