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Sony confirms global PS3 price cut

Update: UK price cut is £199.

Update: Sony has told Eurogamer the UK PS3 price will drop to £199.

Original story: Sony has confirmed a global price cut for the PS3.

The new price will be €249, $249 and 24,980 Yen. No UK price was given.

Amazon.co.uk has already set the ball rolling, however, dropping the UK PS3 price to £215 for the 320GB PS3 and to £192 for the 160GB PS3.