Sony PlayStation 3 (PS3) price now at $249, Sony cuts $50

By on Aug 17, 2011 in Asia, Europe, Gaming, Technology, United States, World Comments

The price of Sony PlayStation 3 (PS3) is now $249, after Sony cut $50 from its original price of $299, with the competition of game console getting higher.

Sony PlayStation 3 PS3
Image Credit: Sony PlayStation blog

As announced by Sony Computer Entertainment of America (SCEA) President and CEO Jack Tretton on Tuesday, August 16, 2011, Sony PlayStation 3 (PS3) is now $50 cheaper.

“I’m excited to share with you that effective immediately at retailers throughout North America, the 160 GB PS3 and the 320GB PS3 are now available for $249 and $299, respectively.” Tretton wrote at the official Sony PlayStation blog.

“The new price will make the PS3 more accessible than ever before, so there’s never been a better time to join PlayStation Nation.” Tretton added, noting that more than 50 million PS3 units have been sold worldwide since its launch back in 2006.

In addition, Sony said that an inFamous limited edition bundle is now available at various retailers across North America, which costs $299 and includes a a copy of inFamous 2, a 320-GB PlayStation 3 and a PlayStation Plus 30-day membership.

Early this month, Sony bought inFamous creator Sucker Punch Productions for an undisclosed amount, which is Sony’s long time partner in developing video games.

Apparently, the new PS3 price was its first price reduction since 2009 and observers believe that the price cut was due to high competition against Microsoft Xbox 360 and Nintendo Wii of Japan.

Meanwhile, the PS3 price reduction will also be applied in Europe and Japan, which will be from 299 euros to 249 euros and from 29,980 yen to 24,980, respectively.

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