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No PSP price cut plans

In Europe or the US.

Sony has no immediate plans to cut the price of PlayStation Portable in Europe or the United States, the company said today.

"We've got no plans to cut the price of PSP at this moment in time," a spokesperson for Sony UK told Eurogamer this afternoon, responding to similar comments made by the company's US arm overnight.

Pointing to the combination of movie, music, photo, internet and games support now offered by the latest updates to PSP system software, the spokesperson said the handheld "still represents great value for money".

Earlier Sony Computer Entertainment America's John Koller told Reuters, "We don't necessarily see the need to cut the price," pointing instead to a need to "introduce new consumers to what the PSP can do."

That's despite ongoing criticism of the platform's software line-up, which many observers feel compares unfavourably to strong offerings on the DS platform.

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