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Sony won’t lower PS3 price (yet)

In a bit of non-news, Sony President Ryoji Chubachi told Reuters today (July 6, 2007) that Sony has no plans to reduce the price of the PS3 in the near future.

The system currently retails for $599.99 for the 60 GB model and $499.99 for the 20 GB console. The Xbox 360 is now priced at $299.99 for the Core setup, $399.99 for the regular console and $479.99 for the newest Elite model. Nintendo’s Wii remains the least expensive new gen console at $249.99. (All prices are US$).

The PS3′s high cost is attributed to the…