Gadget Rumor: PS3 $100 Price Cut Coming This August?
The Xbox 360 has long been the powerhouse console when it comes to serious gaming. The PS3 may boast more robust hardware but its game selection, or lack there of, and high retail cost have deterred many. But according to Sterne Agee analyst Arvind Bhatia Sony is planning a PS3 price cut of $100 to coincide with the launch of EA Sports’ Madden football game, which will launch 8/18, around the same time that back to school shopping peaks. Of course, this is all based on speculation so take it as you will.