Although Sony has yet to confirm a price drop officially, GameDaily BIZ has been told by its chums in the retail sector that the PS3 will be dropped to $499 next week and this has been confirmed by a rush of advertisements which have been bought by Sony.
While the advertisements have confirmed what Sony meant when it talked about "refining" the PS3 price it is not clear how permanent the price drop is.
Many analysts have speculated that Sony would drop the price on the console which is widely seen as too expensive. There is no indication if the price is going to drop in Blighty where Sony even charged more than in the US and provided a slightly lighter spec.
More here. µ
Update
Reuters says Sony says it has no plans
to cut the PS3's price.