REVIEWS Donkey Kong Country Returns 3D Review
Gamers have gone bananas for Nintendo's 3DS, but can this port of Retro Studios' 2010 Wii game make the jump to your portable?

Pandora's Tower Review
Sticks and stones may break my bones, but swords and chains excite me. Should you climb the towers in Xseed's JRPG/adventure hybrid to save your cursed (and tragically whiny) girlfriend?

PREVIEWS The Last of Us Preview
With Naughty Dog releasing a new IP in just a few short weeks, we got hands-on one more time. But don't worry: This is a spoiler-free preview.

The Mighty Quest for Epic Loot Preview

Watch Dogs (PS4) Preview

Release Dates

NEW RELEASES GRiD 2
Release date: 05/28/13

Fuse
Release date: 05/28/13

Remember Me
Release date: 06/04/13

The Last of Us
Release date: 06/14/13

GAMING NEWS

Pachter: Sony Will Announce PS3 Price Drop To $199 At PS4 Reveal

Posted on Saturday, February 16 @ 09:28:17 Eastern by Jonathan_Leack

~~$599~~ $199 U.S. Dollars.

The PlayStation 4 is expected to be announced in just four days, and that means that not only is there finally something to look forward to, but the appeal of current hardware will quickly fade. In order to combat the possible decline in demand, Wedbush Securities analyst Michael Pachter told GamesIndustry International that Sony is very likely to cut the price of the PlayStation 3 during the February 20th presentation. He doesn't expect it to be a mild price cut, either. He states that it will for its first time ever hit the golden price of $199.

Sony has had a history of lowering its prices during the fall season to further increase consumer interest going into the holiday season. However, with a PlayStation 4 confidently expected to debut later this year, Sony may be looking to ride momentum for the duration of 2013. It would help tremendously in combating Nintendo's latest console which has garnered a lion's portion of the spotlight since it debuted only four months ago. For once, it will also help battle the Xbox 360's Arcade Bundle which has been Microsoft's trojan horse into the casual market for years.

The Xbox 360 and Wii found their way to the $199 price point much earlier in their lifecycle, and even then the PlayStation 3 has already managed to outsell the Xbox 360 worldwide. At $199 families who were previously not interested will have reason to consider one of the most cost-effective media solutions on the market. As we've seen in the past from hardware that has become available for under $200, the sales can shoot to record levels and at that rate secure the 10 year lifecycle that Sony has been aiming for.

Tags: PlayStation 3, Sony