PS3 cuts price

You've probably heard of this supposed PS3 price cut just about a bazillion times from people who want it, say it's coming and even from people who don't think it's going to work . So, it shouldn't be too surprising to hear that there's even more on this ongoing rumor. The latest involves a "major UK high street retailer" speaking to CVGabout the PS3 price drop and -- get this -- a PSP price slash, too. The unnamed retailer says both cuts are "definitely coming soon" but were unable to give specifics.

Yesterday, we broke the news that a New PS3 SKU will be available by the end of the month; however, unfortunately, there is no price drop included with this new bundle. This means that the British retailer could be referring to a Europe-only drop or their definition of 'soon' might be much further off. Most analysts expect a price cut to hit sometime around June-- E3 time.

Source: Joystiq