Amazon slashes $50 from 160GB PS3 price

Online retailer Amazon has cut the price of the PlayStation 3 160GB bundle by USD 50 for its customers in the US.

The console, normally selling for USD 499 is now available for USD 449, and includes Uncharted: Drake's Fortune and a voucher to download PAIN.

The move comes ahead of Gamescom, which is taking place in Cologne in two weeks, and at which several sections of the industry believe an official price drop for the console will be announced by Sony.

The Corporation announced earlier this week that it had now sold 23 million consoles worldwide, as well as over 190 million software units.