Sony slashes price of Playstation 3

August 5, 2009 2:06:26 PM PDT
It appears Sony is lowering the price of the Playstation 3 video gaming system.Several tech Web sites are reporting that the price will drop by $50.

Sony is not confirming the reports.

Right now Playstation 3 costs $400. That's $100 more than Microsoft's Xbox 360.