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PSP Go gets price drop

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Newscom

(Read caption) PSP Go gets a price cut. And why not? Sony is facing increased pressure from the surging smartphone gaming market.

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PSP Go, the latest iteration of Sony's popular portable gaming platform, is getting a price cut. According to Reuters, the PSP Go will soon sell for $199, down fifty bucks from the original price tag of $249. Plenty of online stores – including Amazon.com – are already listing the PSP Go at the reduced price point.

The PSP Go, which was unveiled this summer at the annual E3 conference, was greeted with generally solid reviews, although some analysts worried that Sony had overpriced the device.

"Like Nintendo's done with the DSi, Sony is extending (and, it hopes, revitalizing) a portable platform that's sold tens of millions of units worldwide," CNET noted at the time. "Considering that this is an evolutionary product – the only real appeal is the smaller form factor – the high price is certainly going to be a barrier for those who already own and enjoy the existing PSP."

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