PS3 Price Cut: Sony Drops Playstation 3 Price to $250

We’re still in the middle of summer and Sony is trying to heat up PS3 sales with their latest announcement.

At Gamescom 2011, Sony announced that the PS3 console would drop to $249.99 in the U.S., €249.99 in Europe and ¥24,980 in Japan. The price cut is said to be immediate and should be in retailers today.

Will this make a difference? Are you holding out on buying a PS3, and if so, does this price cut make the decision for you? Talk about it in our comment section!

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