Many rumors and speculations have been surfacing over the past few weeks about a price drop for the 80G PS3. Video game analyst Michael Pahcter stated that the PS3 would drop from $399 to $299, and even speculated that the Xbox 360 would follow suit short after. The most recent of rumor began when an online magazine reported that a Sony rep said the company would have a price cut on the PS3 to round out the Sony fiscal year.
With so many rumors, Sony was had no choice but to respond about the PS3 price drop. A statement issued by Sony stated, "There are no plans for a price reduction on PS3 in March 09, and anything reported on or discussed otherwise is purely rumor or speculation."
Only time will tell when the next price drop will be, but Sony has guaranteed it will not be in March of 2009.