GameStop: expect PlayStation 3 and Xbox 360 price cuts

Video game retailer GameStop expects a US$ 50 price cut to be announced for both the PlayStation 3 and the Xbox 360 later this year. Let’s cross our fingers for that one (specially for the PS3 since Sony’s Chief Financial Officer said they had no plans for it). More details in the full article.

Video game retailer GameStop revealed that it expects a US$ 50 price cut for the PlayStation 3 and the Xbox 360 later this year.

Last July, Sony‘s Chief Financial Officer said that they had no plans for reducing the price of the console. Which is true – they won’t be introducing a price cut, but they will be introducing higher-capacity models to replace the current ones.

SCEA revealed that the 40 GB model will be replaced with an 80 GB one this September, selling for US$ 399. A 160 GB bundle will be arriving in November with a pricetag of US$ 499.99. With that in mind, it may be too much to hope for another price cut later this year, but GameStop may know something we don’t.

A RadioShack flyer that revealed the Xbox 360 price cut will happen on the week of September 7. These are the prices that the flyer stated:

• Xbox 360 Arcade (No Hard Drive): $199, down from $279
• Xbox 360 Pro (60GB HDD): $299, down from $350
• Xbox 360 Elite (120GB HDD): $399, down from $449

• Leipzig: new 160GB PS3-Uncharted bundle, Wireless Keypad announced
• Sony Chief Financial Officer: no plans for PlayStation 3 price cut
• Acclaim boss: Sony has no chance of making money on the PS3
• E3 2008: Sony Europe confirms 80GB PlayStation 3 and Platinum games line

Via Shack News