Sources at key US retailer Gamestop have indicated that a $50 price drop on all three major consoles may happen in the coming weeks.

According to a source quoted on US console news site Consolegold.com, Gamestop stores have received promotional materials advertising $50 off each console – apparently confirming rumours that price drops to the consoles would happen before the E3 trade show in Los Angeles in mid-May.

These cuts would bring the GameCube to $99.99 (£63), and the PS2 and Xbox to $149.99 (£95). In other words, all three consoles would be available for under $400 (£252) – a move bound to vastly increase the number of people owning multiple platforms.

All that being said, we’re taking this news with a rather large pinch of salt. It’s obvious that the consoles will see a significant price cut at some point in the next few months, but it seems altogether too convenient that they’d all get exactly the same price drop at exactly the same time. The chances are that this is a GameStop in-store promotion of some description – but don’t be surprised if official price cuts come hot on its heels.

Source: ConsoleGold

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