UK Retailer: PS3, PSP Price Cuts Coming "Soon"

A "major" UK retailer has told game site CVG that PSP and PS3 price cuts are "definitely coming soon". Rumors have been circulating about such a price cut for some time.

"It's been on the cards for a while," the retailer is quotes as saying, "but manufacturers are not in the habit of giving exact dates so as not to effect sales."

The rumored price cut is supposed to bring the PS3 down to US$300 and is expected to be announced next week.

PlayStation price drop [CVG]