FYE, Hastings Ad Reveals $100 Price Cut on Sony's PlayStation 3

Submitter: PS3 News - (http://www.joystiq.com)

Site Tags: fye hastings ad reveals $100 ps3 price cut sony playstation 3

Category: PlayStation 3

Following analyst Michael Pachter's prediction from earlier today comes another PS3 price cut ad leak... this time from Hastings, a Texas-based retailer.

According to the ad, the current stock of 160GB PS3s will be cut to $400, a $100 savings over the original.

In related news, CAG is reporting FYE is now selling 80GB PS3 consoles for $299, with the Uncharted bundle for $400.

To quote: Of potential importance is the phrasing: the ad mentions the PS3 is experiencing a "price cut" versus a temporary "sale." The cut begins September 8th, weeks after Sony's press conference at Gamescom.

The reduced price could be exclusive to Hastings, and isn't necessarily indicative of a nationwide price drop. However, a price drop on current PS3 models can clear inventory and make way for a possibly upgraded one.