Rumour: 360 and PS3 to see price cuts this year

If you’ve been mulling over whether to get a new console the choice has just become a tiny bit harder with the PS3 and the 360 in line for price cuts that could be announced by the end of the year, or possibly as early as E3.

MCV have been told by “a senior global publishing source” that price cuts are on the way for the two consoles, with Nindendo also considering cutting the price of the Wii in a bid to remain ahead of Microsoft and Sony when they launch Natal and Move respectively.

Speculation from MCV suggests that a £200 PS3 SKU could be coming, with a massively reduced HDD size. Microsoft, may only drop the price of the Xbox 360 by a tad and will instead bundle Natal to the standard SKU.