Sony cuts PlayStation 2 price to $129 ahead of PS3 release

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Sony cuts PlayStation 2 price to $129 ahead of PS3 release

Foster City (CA) – In the latest sign that the company’s PlayStation 3 release will make it in November on time, Sony announced late yesterday a much-expected price drop for its current inventory of PlayStation 2 consoles, from $149 to $129.99 ($139.99 in Canada).

While news of the price cut made its way through the gaming enthusiast sites and blogs last night, it didn’t exactly make waves, perhaps because the PS2 price has already been perceived as generally affordable. This news follows in the wake of last month’s price cut for the PlayStation Portable, now down to $200.

The PS2 price cut was reflected immediately on major online retailers’ sites, including Amazon.com, Circuit City, and WalMart.com.