PS3 gets its first price cut

Sony has officially made the following couple of announcements:

  • The 60GB model will now be priced at $499

  • There will be a new 80GB model for $599

These are quite to the contrary to what Sony President Ryoji Chubachi told Reuters in an interview that Sony had no plans at present to cut the price of the console. These announcements, however, are for the North American public only. Sony has no plans at present to announce price cuts anywhere else. Which is a surprise, as consumers in Australia already pay a lot more after factoring in currency conversion.

Well Microsoft will not be idling away, they would be announcing some kind of price cuts pretty soon.

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