Rumors are suggesting that Sony is to slash $100 off PS3's price tag in the States next week, just as the coꦯmpany says once again that there are currently no plans to cut the console's price.

clﷺaims to have receivedꦓ confirmation from retail sources that the new console will be dropped in price to $499 as of July 12 retail-wide.

Prior to this, of a promotional sales flyer purportedly from consumer electronics retailer Circuit City whizzed around the internet listing the console at $499.99.

Eyes are now turning to E3 for an official announcement from Sony.

However, chucking water on the rumor fires, Sony president Ryoji Chubachi to♒ld Reuters today that "At 𒀰present we have no plans" to slash PS3's price.

July 6, 2007