ARS Technica heard from an anonymous source that both Microsoft and Sony are planning to cut the prices of their consoles this fall. The site also claims Sony is gearing up to debut the PS3 Slim within months:
The 80GB model is going to see some serious hardware constraints in the weeks ahead, and retailers have about 60 days worth of inventory before the systems will become hard to find. Expect to see many more 160GB units on store shelves. Those units have no constraints yet, but if the retailers sell through that supply as quickly as they did the 80GB, Sony is in a good place for the final part of its plan in 2009: dropping the price of hardware and launching the PS3 Slim in the fall.
Expect the Xbox 360 Pro to disappear in July or August, but you're going to see some solid bundles to get those systems moving off store shelves. The Halo 3/Fable 2 bundle the Mole previously tipped us off to shows that Microsoft is willing to put some good games into the box to get people buying. So what are we going to do without the Pro systems? Nothing. The Elite units, with the 120GB hard drive, are going to become the Pro-level system after an early September price cut.