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Sony said to be planning Spring PS3 price cut

Releases PlayStation credit card

A substantial cut to the price of the PlayStation 3 could be announced by Sony next Spring, a company insider has claimed.

An anonymous source going by the name of 'Legends' has told gaming magazine D+Pad that David Reeves, President of Sony Computer Entertainment Europe (SCEE), hinted at a recent staff briefing that the PS3’s price will be reduced in March 2009.

Reeves, it's claimed, said that SCEE will be getting more price-competitive from that date.

PS_CC

Sony's PlayStation credit card

It’s impossible to speculate how much the console’s price will be reduced by, if the alleged mole is correct. However, it’s worth noting that a March cut would tie-in with the release of highly anticipated game Killzone 2, which could be released in a cost-cut console bundle.

Credit-captivated US gamers, at least, do have one way of saving on the console’s price, which the rest of the world’s gamers aren’t privy to.

Sony US has launched a PlayStation credit card in association with Visa, and – until 31 December - US gamers can save $150 (£99/€116) on the purchase price of the PS3. You can apply online.

Latest Comments

@ Peter

"its never had the red ring of death"

Like you, I went a long time without RROD. However, when it eventually happened to me, nothing prepares you for it: it's infuriating and frustrating.

I bought a new X360. But every daqy now, I wonder if I'll get another RROD. I've lost my trust in X360. It'll never be the same again.

Meanwhile my 1st gen PS3 runs along nicely.

Trustworthiness should be, an important factor to take into account, when choosing consoles. (If you can't afford both.)

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@ LOL

If they dropped the price by £100 I would get one, like Steve and Scott there are some games I would like to play on the PS4 but having owned an 360 for a few years I'm quite happy with it, its never had the red ring of death and the games are at a level now where you can go into town and pick two up 2nd hand for the price of a new game. Therefore I think its you that needs a reality check as £300 for a console isn't worth it while the global economic crisis is on.

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Thought prices were going up?

Didn't Sony release a statement last week saying they will be putting prices UP over the next 3 months?

Are they going to do that old Supermarket con of putting the PS3 price up 10% Around Crimbo and New Near, then dropping the price back down 10% and saying it's a saving for the customer? Wonder what price they will release the 160Gb version at?

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@Iain & @Steve

"Hi Mark."

LOL! Classicly done :o)

"they're getting hammered by the gap that has opened back up between the other consoles and it"

&

"the price of an 80gb model down by £100"

@ Iain : Exactly.

@ Steve : Whereas I do agree that it's expensive compared to the Xbox, I can not believe that Sony would cut it by 100 notes... Sorry, that's a bit unrealistic. Iain has a good point though where you can have two consoles for the same price. Having said that, the selling point of the Xbox right now is the fact it is cheap because it could be considered a barebones console. I know that they are now selling the entry level at 129 notes, which alot of gamers do like. The Elite goes for 220 notes on Play which has the majority of the tech available.

.. what am i getting at? Well, it needs to be reminded that to have the similar levels of tech as a PS3, you'd need to be paying over 200 notes for an Xbox.

As always, my caveat is that I have a PS3, 360 (Elite), and a Wii - and I enjoy the 360 and PS3 massively. The Wii has lost it's edge, but it still gets used and is not a dust collector (yet!)

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Anonymous Coward

LOL.

Some people need a reality check...

"I would perhaps be tempted if the price cut were to take the price of an 80gb model down by £100."

Do you REALLY believe the PS3 will drop to £199 in March? That's the most stupid comment I have ever read. At most, it's going to get a £50 price cut (i.e. the price of a game or a couple of Blu-ray movies). At the moment, the £299 deal on Play.com is simply outstanding, and by not having a PS3 this season, you are missing out on the lions share of exclusives (OK, Gears2 aside, but everything else is multi-plat or PS3 exclusive).

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