Sony responds to rumors, 'no plans for PS3 price drop'

As the big announcement (well, depends how you look at it) that the Sony's tried and tested Playstation 2 system is now $99.99 starting today, Sony didn't forget the about other rumour that has been going around about the PS2's big brother.

As reported by Neowin last week, Sony, who very rarely ever comments on rumours, has come out and outright denied a a price drop on it's Playstation 3 console.

"As we have stated previously, we do not have plans for a PS3 price drop, and any rumors to that effect are false and are the result of speculation. SCEA remains focused on the long-term momentum of PS3. With the industry's best software lineup this year, combined with our most aggressive marketing campaign to date, we remain confident in our approach and the value we're delivering with PS3."

As we cut through the PR talk from SCEA public relations manager Al De Leon, it's really hard to see what amazing software they have lined up for this year compared to the other guys. It is good to see that Sony has full confidence in their system, but at the big of a price point in todays volatile market, and increasing pressure from shareholders and publishers, is it really a good idea to be selling a console at that price point?

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