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I guess our speculated PS3 price cut was a bust after all. Sony released a statement saying:

PS3 prices and shipment plans for the future should be determined by market trends and competition. Sony currently doesn't have any specific plan to cut the PlayStation 3's price.

*Sigh* I really wanted to pick up a PS3 for the new Ratchet & Clank game, but $600 is too damn much right now.

So Sony ISN'T Considering Price Cuts [Kotaku]