Sony has no plans to slash PS3 price at Games Convention

GamePro.com: Following rumors of a looming Xbox 360 price drop, Sony says those hoping for a PlayStation 3 drop at this week’s Games Convention in Germany “will be disappointed.”

“It’s not going to happen,” a SCEA spokesman told Reuters last Friday. “If you’re coming for that you’ll be disappointed.”

Both the PlayStation 3 and Xbox 360 saw their first price drops in late 2007. As consumers continue to gobble up the industry-leading Wii, many gamers wonder when Sony and Microsoft will respond with a more enticing mainstream price.

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