Console Price Wars

In recent days, Sony and Microsoft have made the PS3 and Xbox 360 more affordable options for gamers looking to buy a new console.

As of September 1^st, 2009, a new model Sony's Playstation 3 will be available for $299 dollars, with the new, streamlined version of the console. This 100 dollar price drop on the new version of the console is accompanied by a price drop on existing versions of the system, with the 80 GB models now costing $299 and the 160 GB models now priced at $399. The two pre-existing models of the PS3, however, will be discontinued once the existing stock is depleted.

Not to be outdone by Sony's price cuts, Microsoft has announced a reduction in the Xbox 360's price. This price cut applies to both the Pro version of the console, with the price falling to $299 as of August 30^th. With both price cuts set to take effect well before the holiday season, the console wars can be expected to be quite competitive in the months to come.