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Wal-Mart Mum on $298 Blu-ray Player

15 May, 2008 By: Erik Gruenwedel

A representative from Wal-Mart Stores Inc. declined comment regarding Web chatter it was stocking select stores with a Magnavox-branded, Chinese-made Blu-ray player with a retail price of $298 — $100 less than Sony's PlayStation 3 game system with a BD drive. The entry-level Profile 1.1 (model NB500MG9) device features HDMI 1.3 connectivity, picture-in-picture functionality and can upconvert standard DVD to 1080p resolution.

“We don't comment on rumors and speculation,” the representative said. She said Wal-Mart puts products on shelves when they become available.

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