Sony Confirm Massive PS Vita Price Cut

After all the rumours Sony have finally decided to give the PS Vita a massive price cut, Kazuo Hirai interview and official price inside.......

Since the PS Vita launched worldwide lacklustre sales were a huge issue, many claimed that the sales were bad due to a lack of Japanese launch titles, other pinned the blame on the PS Vita's $250 price tag. It turns out Sony have agreed and think that cutting the PS Vita's price to $120 will greatly boost sales.

Sony President Kazuo Hirai released this press statement
Right now the PS Vita is the best thing in the world, it fits perfectly in my giant hands and Microsoft has not tried to copy it, and even Apple haven't copied it yet, and since we have already made millions of early adopters a price cut seems necessary. So from April 16th retailers will be selling the PS Vita for $120 to coincide with releases such as Gravity Rush and Resistance: Burning Skies.
Its also been rumoured that the Kaz Hirai will be taking a 60% pay cut to make up for lacklustre PS Vita sales. Below is an image of which just slashed the price of the PS Vita

Along with the price cut Sony also announced a "Pioneer Program" This is a set of free gifts and downloadable games which will be available to the early adopters who purchased a PS Vita at its previous $220 price. Starting April 17th PSN accounts which connect to the PS Vita PSN store before 12am April 16th will be entitled to 10 free PSP games, the free PSP games are as follows:
  • Metal Gear Solid: Peace Walker
  • Grand Theft Auto: Liberty City Stories
  • Need for Speed Most Wanted 5-1-0
  • Tekken 6
  • Monster Hunter Freedom Unite
  • Daxter
  • Midnight Club 3: DUB Edition
  • Gran Turismo
  • Crisis Core: Final Fantasy VII
  • Hot Shots Golf: Open Tee
How the games will be delivered is unknown at the moment however the most likely situation is that all games will be listed for free for early adopters.

So then are you excited about the price cut? Or are you angry at Sony for pricing it so high in the first place? Let us know in the comments below!


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