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No PlayStation 3 Price cut in Europe

Sony Computer Entertainment Europe (SCEE) has announced a lot of new stuff for PlayStation 3 and PlayStation Portable owners yesterday, but those who are looking for a PS3 price cut are bound to be disappointed. SCEE President David Reeves said that there are currently no plans to cut the price on the PlayStation 3. Instead, SCEE will release new bundles that will come with different games to increase console sales.

“What we’re going to allow, and it doesn’t need an announcement, is simply that we’ll probably put out more hard bundles than the Starter Pack,” said Reeves. “We’re not making any pricing announcements at Games Convention at all. There’s none. And we don’t have any plans in that regard. We’re really happy with the way that things are going for the PAL business. We really are. It’s on track.”

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