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No Price Cut for PS3

ps3.jpgJust when you thought you could finally afford a PlayStation 3, well... you still can't. According to Reuters, Ryoji Chubachi, president of Sony, says there are no plans to knock down the price of the pricey game console.

Rumors of a price drop have been rampant all over the Web, citing disappointing sales figures for Sony. Experts say that making the device more affordable would send consumers running for the shelves, considering the unit's graphics power and high-definition DVD features. Well, duh!

Keep saving your pennies, kiddies; you're going to need a lot of them. With the 60-gigabyte hard drive, the PS3 currently runs about $599. -- Rachel Cericola


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Posted by Rachel on July 8, 2007 10:05 AM
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Nothing will matter once Little Big Planet comes out.

This game will single handily destroy the Wii and chew up and spit out the remaining over-cooked 360s.

Mark my words

-- Posted by: Lix at July 8, 2007 11:00 AM

duh, of course the Sony president is going to deny it. That still doesn't mean it is not going to happen really soon. Sony's E3 press conference is when we'll really know.

-- Posted by: guest at July 8, 2007 12:18 PM

I wouldn't doubt that we'd see something around Christmas. I mean, wouldn't that make sense?

-- Posted by: Rachel at July 8, 2007 07:10 PM

Sony will make more job cuts before they make a price cut to the PS3.

-- Posted by: Myk JL at July 8, 2007 09:13 PM

The $100 price cut is confirmed by Bloomberg:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aYWkGuoeuipo&refer=home

-- Posted by: Leo Law at July 9, 2007 12:06 AM

Well that was quick! Thanks Leo!!

-- Posted by: Rachel at July 9, 2007 08:42 AM

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