Sony PS3 Price Cut To $249

Posted: Aug 16 2011, 3:45pm CDT | by , Updated: Aug 17 2011, 12:14am CDT, in News | Gaming

Sony PS3 Price cut to $249

Sony announced today at the GamesCom 2011 a $50 price-cut for the Sony Playstation 3.

Sony announced today a new lower price for the Sony PS3. Effective immediately the Sony PS3 console is selling for $249 instead of $299. Amazon has already adjusted the price and you can buy the 160GB Sony PS3 now for $249.99. The price-cut is also available in Europe (249 Euro) and starting on August 18th in Japan as well (24,980 yen).

The 320GB Sony PS3 console will also get a $50 price-cut. You can get the 320GB Sony Playstation 3 now for $299.99 on Amazon.

Sony had to move at some point. Nintendo put the pressure on with the Wii console price already down to $149.99. Sony has since the launch of the PS3 in 2006 sold 50 million units world-wide. The new low price should especially in the holiday season revive the PS3 sales. To really get it going Sony will need to launch new PS3 bundles at the low $249 price.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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