Capcom expects further PS3 price drop

Capcom expects Sony to cut the price of the PlayStation 3 again before the end of the year.

Speaking to Reuters, the Japanese publisher's chief financial officer said he expected PS2 users to adopt the PS3 gradually.

"The number of PS2 users is still growing and a shift to the PS3 is on the back burner," commented Kazuhiko Abe.

"But, the price has been cut once and it is likely to be cut again towards the end of the year."

"I expect the [PS3's] installed base to grow gradually," he said.

Sony cut the price of the 60GB PS3 to USD 499 earlier this week, with SCEA boss Jack Tretton claiming double sales figures for the home console off the back of the move.