Report: PS3 $499 on July 12

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Although Sony has yet to confirm a price drop officially, GameDaily BIZ has received confirmation from the retail sector that the PS3 will be dropped to $499 next week. Sony itself recently talked about "refining" the PS3 price. Now it appears to be happening.

http://biz.gamedaily.com/industry/feature/?id=16721

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Sony Kind of Sort of Denies PS3 Price Cut