PSP To Be Sold Cheaper Soon?

With the imminent release of PS3, which comes with a hefty price tag of almost $600, analysts believe that Sony may be formulating a plan to balance this out by cutting the price of their handheld units. There are currently rumors that as the holidays approach, the PSP’s price will be reduced by up to $50, which will bring its retail price down to $149 – a much closer distance to their main competitor, Nintendo DS, which retails for only $129.

This prediction has been prompted by the recent stockpiling of finished game systems that many believe would be PSP, thereby suggesting that Sony may be planning to move these units soon.

Before we start rejoicing, however, it should be noted that Sony remains tight-lipped about this matter, and whether this price cut will push through remains to be seen.

Via CNN Money

With the imminent release of PS3, which comes with a hefty price tag of almost $600, analysts believe that Sony may be formulating a plan to balance this out by cutting the price of their handheld units. There are currently rumors that as the holidays approach, the PSP’s price will be reduced by up to $50, which will bring its retail price down to $149 – a much closer distance to their main competitor, Nintendo DS, which retails for only $129.

This prediction has been prompted by the recent stockpiling of finished game systems that many believe would be PSP, thereby suggesting that Sony may be planning to move these units soon.

Before we start rejoicing, however, it should be noted that Sony remains tight-lipped about this matter, and whether this price cut will push through remains to be seen.

Via CNN Money