Rumors were spinning around gaming’s web earlier today telling of a price cut that Sony had given the PSP. Well the giant’s come clean and confirmed the news, but while most of Europe will see the PSP’s price drop to its lowest levels, gamers in the UK are not so fortunate.
A Sony rep told VG247 that the price cut was possible due to “favourable fluctuations” in the exchange rate between the euro and the yen, however the pound/yen exchange rate hasn’t allowed for such.
“Since we in the UK are vulnerable to two exchange rate calculations, pounds into euro and euro into yen, we are not in a position to offer a similar cut in PSP for the UK,” said Sony via a statement.
Bloomberg earlier reported on the matter, quoting Satoshi Fukuoka of SCEJ who said “The price cut is aimed at increasing adoption of the player in Europe.”

the price cut is designed to sell as much PSPs as possible until the MONSTER, NGP rocks the world. I’m so excited for it.
Couldn’t have said it any better!
there lowering the price, to try instigate as much of a price difference between this and the NGP.
wont be surprised if we see a ps3 price drop at E3.
gamescom is probably more likely, especially seeing EU is paying allot more then the US even though the currency rate difference has dropped dramatically!
i honestly cant remember the last time the AUD was worth MORE then the USD!
True.