It’s official: Sony announces US$ 100 price drop for 80GB PlayStation 3

It looks like analyst Michael Pachter was right on the mark when he predicted a possible price cut for Sony‘s 80 GB PlayStation 3.

The company has just announced that they will be marking down the 80 GB unit’s sell price down to US$ 499, effective immediately. Sony Computer Entertainment America (SCEA) CEO Jack Tretton had this to say regarding the price drop:

We’re pleased to offer the consumer a lower price point without sacrificing the core technology components that make PS3 the most advanced high-definition entertainment system available. Every PS3 comes with a Blu-ray drive, HDMI output, an integrated Wi-Fi connection, Cell Broadband Engine and a built-in hard-drive.

This announcement comes shortly after SCEA officially announced the November 2 launch date for their 40 GB PS3, which won’t be backwards compatible with PlayStation 2 games. The 80 GB PS3 retains BC via software software support.

It looks like analyst Michael Pachter was right on the mark when he predicted a possible price cut for Sony‘s 80 GB PlayStation 3.

The company has just announced that they will be marking down the 80 GB unit’s sell price down to US$ 499, effective immediately. Sony Computer Entertainment America (SCEA) CEO Jack Tretton had this to say regarding the price drop:

We’re pleased to offer the consumer a lower price point without sacrificing the core technology components that make PS3 the most advanced high-definition entertainment system available. Every PS3 comes with a Blu-ray drive, HDMI output, an integrated Wi-Fi connection, Cell Broadband Engine and a built-in hard-drive.

This announcement comes shortly after SCEA officially announced the November 2 launch date for their 40 GB PS3, which won’t be backwards compatible with PlayStation 2 games. The 80 GB PS3 retains BC via software software support.