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Report: "Xbox 360 and PS3 price cuts this year"

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MCV's reporting word from a "senior global publishing source" that both 360 and PS3 will see further price cuts this year.

The moves could be announced as soon as E3, says the piece.

The site's speculate that Nintendo may also drop the price of Wii this year. When contacted, Sony "laughed off" the story, while Nintendo said, "We currently have no plans to cut the price of Wii in the UK."

Sony dropped the price of PS3 at gamescom last year. MCV's saying the "likelihood" is that Sony will bring the console down to £200 at the entry level.

A cheaper 360 is expected to compliment the launch of Natal, now confirmed for October.

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Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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