PS3 Price Drops and Other Video Game News

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This time of year usually brings news of new games, release dates and price adjustments for older hardware. Today is no different as we dive into the latest news from Sony and Nintendo that should elicit smiles from stretched-thin gamer wallets everywhere. Sony

The company announced today that the 160 GB Playstation 3 model would be reduced in price from $299 to $249 worldwide. This goes into effect as of now. This is a 17% drop in price that has many speculating about the eminent arrival of the PS4.

Not to be left out, the 320 GB model is also receiving a price reduction in the form of a bundle which will include Infamous 2 and a 30-day Playstation Plus free trial for just $299, a reduction of roughly 14%. All other 320 GBs will also be available for $299 as well.

Overall, this is a $50 price drop for PS3s across the board. Big kudos to Sony.

On the handheld front, Sony is also cutting the retail price of the PSP in Europe down to 99 euros. There is a catch though as the price will accompany a new model that lacks Wi-Fi and sees the removal of the UMD drive. I personally see those as a negatives, but for those not ready to jump on the Vita bandwagon (that Sony portable will be in the same pricing ballpark as a PS3!) this might be a good introductory point into Sony’s handheld world. I fail to see how you will connect to the PSN Store with this, so I’m curious to see how this will catch on overseas.

Nintendo

After already cutting the price of their poorly selling new 3DS from $249 to $169 earlier this month, the House that Mario Built is planning to release a discounted Wii in time for the Holidays. No exact number has been given as of this printing. The downside already being reported is that the with the price cut comes a loss of Gamecube backwards compatibility. Meaning the newer, cheaper, get-’em-in-the-store model will lack the ability to play Gamecube games. For every good measure lately, Nintendo seems to be taking two steps back. Just my opinion, so don’t flame.

Look for more discount announcements and bundle pricing news as the summer ends don and we head into the Back to School season full-force.

Be sure to follow my attempts to stay on top of the latest gaming news around the web and the world via Twitter @SavingsGCapes.

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  1. SavingsIQ

    3 years ago

    awesome! 17% price drop for the Playstation. Great bday gift. : )

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  2. GuyCopes

    3 years ago

    I’m actually contemplating purchasing a second one because of this.

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  3. Kenny01

    3 years ago

    I can’t see the lack of GC compatibility being too big of a deal for most people, especially considering the fact that hardly anyone I know owned one.

    Also, a PSP without WiFi sounds terrible. I’d rather spend the extra cash on a 3DS.

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  4. Susan.Yoo-Lee

    3 years ago

    Just saw the price drop at Sam’s Club. I guess more people are going to be playing more games.

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  5. pmiller

    3 years ago

    I actually was not aware that my Wii could play GC games until I read this, so I guess that’s a feature I won’t miss.

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  6. uksaves001-DELETED

    3 years ago

    I paid $499 for my PS3 when it came out, tech just keeps getting cheaper

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  7. iwerner

    3 years ago

    that’s great. I should get one for my nephew.

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  8. snarkydeals

    3 years ago

    Awesome deals!! Now they just need to discount them under $100 so I can afford the PS3. Of course by then the PS4 will be out and I’ll be behind the times yet again. Oh video game technology, why so expensive?

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  9. GuyCopes

    3 years ago

    @snarkydeals So expensive because somewhere along the way some tech geniuses (read: geeks more geeky and smarter than us) decided that just making a gaming machine wasn’t enough. They have to be veritable desktop computer hubs, DVD and BLu-Ray players, complete with wi-fi, internet capability, USB drives, wireless controller capabilities, etc, etc. I love all that, but I hate the nearly $700 launch fees associated with the new shiny big toys for big kids. Having said all that, I’ll probably be on line at a midnight ale to pick up my PS4. haha

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  10. GuyCopes

    3 years ago

    Ha, I meant midnight Sale. But an ale sounds good right about now. :)

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  11. champ76

    3 years ago

    AWW, A LITTLE TOO LATE NOW. I ALREADY OWN A COUPLE THE GAME SYSTEMS.

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  12. ChuckG

    3 years ago

    Son is selling both X-box games. I think he’s ready for something new like Wii. We went through the Nintendo and Sony phase. Time for another.

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  13. ebbeszoo

    3 years ago

    i’m glad my kids arent picky about wanting the newest stations. they have wii and are happy with that. as for the handhelds, i picked up gameboys, several different editions from yard sales.

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