Sony Computer Entertainment has announced a $50 (Rs. 2,275 approx.) cut in its pricing of the Playstation 3 console in the United States. Similar price-cuts have also been announced for Japan and Europe. In the U.S., the 160GB version of the console will now have a new price-point of $249 (Rs. 11,300 approx.), while the 320GB version will now be available for $299 (Rs. 13,600 approx.). Europe also saw a €50 drop in both versions while in Japan, the 320GB PS3's price fell to ¥24,980 from ¥29,980.

Sony India sources didn't confirm if India would see a similar price drop but it seems highly likely that we shall soon see similar price-cuts on Playstation 3s sold on our shores. Currently the 160GB version is being sold for Rs. 19,990 and the 320GB version for Rs. 22,490.
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