The Wholesale Forums

[Anthony]

Originally Posted by BBC News

Sony has cut the price of its best-selling PlayStation 2 (PS2) by $20 in the US.
The price drop was widely expected, coming ahead of the planned November launch of Sony's new PlayStation 3.

Console makers usually reduce the price of existing machines in the run-up to the release of a new model.

The PS2 will now sell in the US for around $130 (£73). Sony has told the BBC News website it has no plans to trim the current UK price of £104.99.

"While we continue to innovate and design groundbreaking new products, we remain dedicated to our long-term vision for the PlayStation 2 platform," said Kaz Hirai, president and CEO of Sony Computer Entertainment America in a statement.

Full Story - HERE

Looks like they are trying to squeeze whats left in the tank out in light of the new release.

Makes sense..