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Prices are falling on PS3
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If you have always wanted a PS3 but have never really wanted to part with the $500? Well your time has now arrived!

Sony consoles have dropped in price as of today by as much as $250, which brings the price way down. In an email from EB Games today the current price of the 160gig slim black Sony console is $348, the 320gig with 2 games is $448. This seems to be in line with calls to drop the launch price in Australia of the soon to be released PlayStation Vita, which is said to have a day one price of $348 for the standard WiFi non 3G version of the console.

The price reduction has analysts in a spin with theories about the reason and what Microsoft may now do to combat the stretch for retail sales leading to Christmas. I have a few basic short theories of my own and in the interest of not giving much away, I personally think it’s a combination of a declining market in retail, the need to boost sales and setting a low price point may force Nintendo to aim low for the new Wii U, which will mean a longer wait before a fiscal return is seen. Some sneaky things from Sony.

Lastly discussions have begun around Microsoft and them combating the grab for market share by reducing the Xbox360 prices. This I was sceptical about and would have thought MS would have waiting to see what the price drop achieved, alas I received an email from WOW Sight n Sound today also with the 4gig Xbox360 Kinect bundle for $349, that’s a cool hundgie of retail. It maybe a coincidence but if another retailer drops the price on the bundle within the next few days this may become a new RRP. Watch out as the sky falls folks.


 
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Lucas
The Podfather/Convo Controller
Super salesman by day, Batdad and Gamersutra by night. As a self-confessed technology pacifist, he prefers to sit on the console-war fence and play games on his PC.
Matt
PlayStation Fanboy/Motormouth
Electrician by trade and yet also highly skilled at finding time to game around work and family commitments. A PlayStation fanboy with a platinum count and obvious podcast bias to prove it. Thinks DC is clearly superior to Marvel. Has been known to rant.
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Started in January 2011 by brothers Lucas and Matt, Drop Bear Gaming has been operating for over 7 years offering a fresh and relaxed perspective on the video game industry. The website is a passion project more than anything and it is our distinct pleasure to continue bringing entertainment to our listeners and viewers.

The guys release a podcast episode every two to three weeks and over the years they have welcomed guests from developers, publishers, and other gaming outlets onto the show.

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