No Price Cut For PS3

January 22nd, 2008 Posted in Business, News, PlayStation 3, Rumor by Will Prusik

ps3The rumor is that both the Xbox 360 and PS3 will be getting price cuts soon to make each console more appealing when GTA IV comes out later this year. With the production costs of the PS3 having been reduced significantly since its original design this didn’t seem like a complete pipe dream, but Sony is denying that there are currently any plans for a reduction in the selling price. The official word comes from Kaz Hirai, the boss of Sony Computer Entertainment.

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