Sony (SNE: Research, Estimates) last cut the PS2 prices last May to $179.99 from $199.99. It also introduced the online bundle for $199.99.

The PS2 price cut pre-empts an expected similar announcement by Microsoft early next week at the Electronic Entertainment Expo (E3), the annual trade show of the gaming industry.

Source: A research note from Wall Street firm Lazard Capital Markets. The official story: Sony had not responded to requests for comments as of press time. What we heard: Toward the end of last ...

Experts believe that Sony will cut the retail price of its PlayStation2 (PS2) console within weeks to remain competitive. With Microsoft and Nintendo slashing the cost of their gaming consoles ...

Sony said earlier today that PS2's price would come down to $99.99 in the US tomorrow. "With a mid-range DVD player currently costing $50, ...

It has, as I mentioned, allowed the PS2 price to drop, and we've had some flexibility. The many announcements we made on the software side for PSP were inclusive of that tremendous sales growth ...

Industry analyst Colin Sebastian said that Sony is expected to cut the price of the PS2 from $149 to $129 by the end of the month. The purpose of the ...

PlayStation2 and Xbox prices could fall again before Christmas, according to analysts. Both Sony and Microsoft announced significant cuts in the price of their respective flagship consoles last ...

Currently a PS2 will set you back $130 and so the $30 price drop represents nearly a 25 per cent drop. Photos which appear on the web depict marketing material with the new price on them.

BBC Online spoke with SCEEUK boss Ray Maguire to discover whether they'd be cutting the price of the PS2 any time soon: He said Sony was aiming to lower the cost of making the PS2. But he ...

PS2 price dropped in US and mainland Europe this week Europe and North America get €30 and $30 cut from the recommended retail price of the Sony PlayStation 2 this month, although the UK gets no ...

Chris Morris at CNNMoney covers the latest rumblings of an anticipated PS2 price drop. The console currently remains at $149 after Sony called Microsoft's bluff on the 360 launch; however, now ...