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Sony to cut PS3 price in August?

Posted on Wednesday, June 10 2009 @ 00:00:28 CEST by

A new rumor popped up that Sony may be planning to cut the price of the PlayStation 3 console in August to take advantage of the launch of EA Sports' latest Madden NFL game.
The good news is that Sony may be preparing to lower the price on PS3 this August in order to take advantage of the launch of EA Sports' Madden, which is always an event unto itself. Sterne Agee analyst Arvind Bhatia reports in his latest industry note that “industry sources indicate Sony is planning a $100 price cut on the PS3 in mid-August, just prior the launch of Madden (8/18) and the start of the back to school shopping season. This will naturally be a positive for the industry.”



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