Sony has had a hard time from the beginning getting rid of its PS3
. inventory. With the XBOX
and the Nintendo Wii
priced considerably lower, this price cut was inevitability coming sooner or later!
Effective immediately, the price of the 60GB PS3 will be $500. While the $100 price drop may not have been enough for most consumers to run out and pick up a PS3, Sony is heading in the right direction.
My guess would be wait a little while longer, and you will see another price cut.