by : sayed islam

There has been speculation that the Sony PlayStation 3 will be receiving another price reduction. Sources close to Sony are saying that a $ 100 price decrease might transpire. This would make the Sony PlayStation 3 $ 400.After dropping the price of the PlayStation 3 by $ 100 earlier this year, PS 3 sales increased by 125 %. Could a second price reduction put Sony over the top? Only time will tell, but skies the limit for Sony. The $ 400 PlayStation 3 will be a 40 GB and is expected be available during the holidays. This will give players options to purchase the 80 GB PlayStation 3 or 40 GB PlayStation 3. With exclusives like Killzone 2 and Metal Gear Solid 4, Sony looks to be in great position to steal the spotlight away from Microsoft and Nintendo.

This is the purported plan during the holidays for Sony:

80GB PlayStation 3: $500
40GB PlayStation 3: $400
PlayStation 2: $100

Some gamers are wondering why Sony is having two $ 100 price cuts that equaling $ 200 in a span of one year. Many say it is to compete with the Apple iPhone's price drop, and Sony could feel like they are falling behind. Others believe that this is Sony's way of selling more PlayStation 3's to consumers. Sony has not corroborated nor denied a $ 400 PlayStation 3; however, there is a great chance that the PlayStation 3 will be $ 400 in 2007.

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