A possible price drop for the PS3

Apr 19, 2007

With the announcement that Sony is dropping the 20GB PS3 from their lineup, that ensured that you would need to fork over $600 to get even the lowest model. Many people think that's more than they want to pay for the gaming console. Now it seems that Sony may be considering a price cut.

Sony apparently sent a letter to Akihabaranews claiming that “the budgeting process for PS3 pricing and volumes would be re-examined as market forces and the competitive environment change.” Translation: “sales aren't as good as we hoped, and we're thinking about dropping the price.”

I really think that if a price cut does come it will likely come around the same time as they larger hard drives that they are pondering. Either way, that's good news for those considering purchasing a PS3.

Sony may reduce the price of the PS3 [via akihabaranews]

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