Original URL: http://www.theregister.co.uk/2008/11/25/ps3_price_cut_march_09/

Sony said to be planning Spring PS3 price cut

Releases PlayStation credit card

By James Sherwood

Posted in Games, 25th November 2008 11:02 GMT

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.

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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.