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Rumored PlayStation 3 Price Cut ... Worth It?

by Tom Conlon on September 11, 2007 at 04:25 PM

Rumored PlayStation 3 Price Cut -- Is it Worth it?If there's ever going to be a good time to buy a PlayStation 3, Ars Technica's Opposable Thumbs blog says it's the upcoming holiday season. Citing a dependable "mole" whose prophecies have a knack for coming true, Opposable Thumbs is churning the rumor mill with speculation that a the 80-gigabyte PlayStation 3 will be slashed $100 down to $499 and that a new 40-gigabyte version will debut for $399. The 60-gigabyte model will be phased out, making the two original PS3 configurations (20- and 60-gigabyte) extinct just a year after the system's debut.

Opposable Thumbs goes on to speculate that a 'Spider-Man 3' Blu-ray will be packaged with at least one of the PS3 models, and the still-selling PS2 will be knocked down to just $99.

But as much as Sony continues to whittle down the price of the PS3, the unit's price was so bloated to begin with at launch that it can't keep up with the price cuts of the competition. Right now, an Xbox 360 and Nintendo Wii go for as little as $279 and $249 respectively, and we won't be at all surprised if both go in for a little price nip/tuck just before the holidays.

From Opposable Thumbs

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Tags: 360, console, playstation, price cut, PriceCut, ps3, video game, VideoGame, wii, xbox

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