Sony PS3 Price Drop Becomes More Likely

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A few telltale signs have popped up in the news this morning that the PlayStation 3 may be dropping in price soon.

Amazon has cut the price of the 160GB Uncharted: Drake’s Fortune bundle from $499 to $449–a $50 price drop for US consumers buying from the online retailer. Perhaps this is a hasty move on Amazon’s part–assuming that Sony will decrease the retail price–or maybe the company got a tip from the inside.

Also fueling the rumors is the news that Sony has doubled PS3 production. This makes sense, as PlayStation 3 manufacturing costs have dropped 70 percent since the console’s launch.

News sources and industry watchers are speculating that the announcement will be made at GamesCom in Cologne.

[Sony & Amazon story via gamesindustry.biz]

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