PS3 gets price drop

At the ongoing European video games expo, Gamescom 2011 Sony announced a worldwide price cut for the PlayStation 3 effective immediately. Starting today, the PlayStation 3 will now retail for $249.99, 249.99 Euros or 24,980 Yen. Now before you start celebrating, you need to understand that more often than not, India adopts the EU price point for hardware so you’re looking at around Rs. 16,224 as opposed to Rs. 11,269 if we went with US prices. According to Sony’s website, the 160 GB version of the PS3 is available for around Rs. 20,000 so you’re still looking at a 3,700 rupee cut. Not too shabby I say.

Drop it like it's hot

On the subject of a price drop, Sony even announced a new “value-priced” version of their PlayStation Portable, for 99 Euros that roughly comes to Rs. 6,453. This so called value version will not ship with Wi-Fi support and will be sold exclusively in Europe. Unfortunately the Indian PlayStation team’s travelling for this very same event so we’ll only be able to get some sort of clarity on Indian prices when they get back next week.