PS3 Price Cut Rumored To Be Coming This August

Sony shocked and pleased many fans when it announced its upcoming portable powerhouse, the PlayStation Vita, would see a starting price point of $249.99 for the wi-fi only version. A new rumor now suggests that Sony wants to drop the price of their home console, and may announce such a plan at Gamescom in August. Gameinformer reports:

MCV has heard that at the Gamescom event in Cologne, Germany in August, Sony will announce a big European price cut for the PS3, dropping it from its current £255 to £179.99. There’s no direct U.S. conversion for that, as Europeans tend to pay a lot more for video game hardware, but ShackNews estimates that if the price cut carries over to this territory, the PS3 could drop to somewhere in the $200-$250 range, down from its current $299.99 price point.

An almost full hundred dollar price drop could be very enticing for those who’ve held out over the years from buying a PS3. And while this is all still stuck very firmly in the rumor mill, the August event (held from the 17th through the 21st) will hopefully provide all the answers we need.


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  • I’d seriously consider a PS3 at the $200 price point. Amazing value considering most BRD players that are worth owning are in the $120-$150 range. Add on the gaming ability and services for $50-$80 is near theft.

  • Anonymous

    should have dropped the price a long time a ago