Sony has officially cut the price on the PlayStation 3 in all major markets, the company announced in Germany on Tuesday. The 160GB system will now be $250 in the .

Sony was resistant to cut the price of

ps3 price cut 299

the PlayStation 3 further as the company worked toward . that europe and the uk are directly subsidizing the US price cut. 299 euro .

It's been quite a while since the last PS3 price cut. Along with the unveiling of the PlayStation 3 Slim in 2009, the price of all older models were dropped to $299 to .

Aug. 18, 2009, 3:09 p.m. EDT Sony cuts price of PlayStation 3 to $299 New 'Slim' model features more memory; game stocks rise

That means the PS3 model with the 160GB hard-drive will drop from $299 to $249 while the model with the 320GB hard-drive will drop from $349 to $299.

Sony (SNE) is finally cutting the price of its PlayStation3 videogame console. The new price, $299, is not particularly aggressive, but will help Sony in .

Also levies $100 price cut on previous ps3 price cut 299 generation PS3 models

Additionally, Kotaku has posted an image of an apparent promotional poster that a reader sent in, announcing price cuts for the 80GB PS3 ($299), as well as .

. that if the price cut carries over to this territory, the PS3 could drop to somewhere in the $200-$250 range, down from its current $299.99 price point. This price cut is .

As foreshadowed by retailers and called for by analysts (it's pretty nice
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