GameStop Cuts PlayStation 3 Price by $50

The 160 GB version of the PlayStation 3 has been cut $50 on GameStop’s website, from $250 to $200. GameStop is so far the only retailer to slash the price of the four-year-old console, so the change is not indicative of a decision by Sony.

The price cut could signify a couple of things. It could mean upcoming news, like a PlayStation with even fatter storage, or an announcement of the rumored PlayStation Orbis. E3 is coming in just a month, so even if GameStop doesn’t have advance information it would be still smart to move some units before the big day. Even if the PlayStation 3 doesn’t get replaced this year, more units in the hands of consumers means more game sales after E3 plays out.

And on the less sensational side, the sale could just be a promotion to take the edge off of slow sales or encourage people to buy PlayStations as Mother’s Day gifts (it could happen!)

GameStop is also promoting a PS Vita bundle, which ties throws in a case and a free copy of either Hotshots Golf World Invitational, Wipeout 2048, or ModNation Racers: Road Trip.