XTREME PS
  • Facebook
  • Feedburner
  • Flickr
  • Twitter
  • YouTube
  • RSS
  • Home
  • Features
    • PlayStation Store
    • PS3 Firmware
    • Guides & Tutorials
    • Reviews
    • Impressions
  • Firmware History
    • PS5 Firmware History
    • PS4 Firmware History
    • PS3 Firmware History
    • PSP Firmware History
  • Downloads
    • Adult Material
    • Homebrew
    • Magazines
    • Software
    • Videos
    • XMB Themes
    • XMB Wallpaper
    • Other
  • Guides & Trophies
    • PS5 FAQs
    • PS4 FAQs
    • PS3 FAQs
    • PSP FAQs
    • PSPgo FAQs
    • Guides & Tutorials
    • PS4 Trophies
    • PS3 Trophy Lists & Guides
  • Contact
    • Submit Articles
  • About Us
    • XP Reward Scheme
    • Privacy Policy
Search the site...
  • Home
  • News
  • UPDATE: PS3 and Xbox 360 Price Drop Imminent

UPDATE: PS3 and Xbox 360 Price Drop Imminent

July 6th, 2007 / Niraj Shah / News
0

The rumors about the PS3 and XBox 360 price drop have spread across the Internet like wildfire. Information about the price drop has popped up on several websites claiming that the price drop has been confirmed. Circuit City is said to be dropping the price of the PS3 to $499 from July 15th. However, according to Reuters, Sony has no to cut the price of the PS3 at present to pep up demand and counter surging sales of Nintendo’s rival game console Wii.

“At present we have no plans [to cut the PS3 price]”, Ryoji Chubachi told Reuters in an interview.

The higher price tag has been cited as one of the main reasons the PS3 has been trailing the Wii in sales, and analysts have been widely expecting Sony to soon slash the price to increase demand.

[Via: Reuters UK]


UPDATE (6th July 2007, at 19:14):

Once again, further confirmations of the PS3 price drop are surfacing despite Ryoji Chubachi’s earlier statement. GameDaily has confirmed with “a merchandising manager at one of the world’s biggest retailers” that the price drop was true. Also, moles at both Best Buy and Target state that they too have word of a price drop. The Target mole reports that the retail chain’s inventory tracking program is listing retail for the 60GB PS3 at $499.99. And a mole at Best Buy tells us they just received their upcoming ads and that they all list the PS3 price at $499.99 as well.

Sony is obviously trying to keep the rumors under wraps to avoid loosing hardware sales. If indeed the rumors are true, we should hear from Sony next week at E3. Until then, we will keep you updated on any other developements.

0 comments on “UPDATE: PS3 and Xbox 360 Price Drop Imminent”

  1. Anonymous says:
    July 8th, 2007 at 12:11 AM

    Ah man, I only just got my PS3…you telling me I could have saved $100?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

PSN Profile

Like us on Facebook

Sponsored Links

PSN Status

PSN Network Status
Powered by XTREME PS3
© 2005-2021 XTREME PS - A WebNiraj Production
  • Home
  • News
  • PS3 Firmware History
  • PS4 Firmware History
  • PS5 Firmware History
  • About Us
  • Contact
  • Privacy Policy
Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy