PSP price cut might be imminent
While the price of the PlayStation 3 may prove to be too high for some this holiday season, it’s looking more and more likely that Sony will try to tempt consumers with a less expensive handheld gaming system.
As it prepares to launch its next generation machine, Sony is apparently stockpiling finished gaming hardware, which analysts believe to be the PSP (PlayStation Portable). That, they believe, is a signal that the company plans to reduce the price of the PSP as the holidays get closer.
Sony is expected to cut the price of its PSP handheld gaming system this holiday season.
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"There is a price cut coming in the second half of the year," said P.J.McNealy of American Technology Research. "[The PSP] has lost momentum. Nintendo has had a great run since it launched the DS Lite and Sony needs to regain some ground."










