GameSpot may receive revenue from affiliate and advertising partnerships for sharing this content and from purchases through links.

PSP price drops to $170

Sony celebrates its portable system's second anniversary by trimming a handful of Hamiltons off the hardware's Core Pack.

826 Comments

The PlayStation Portable was released in North America just over two years ago, and to mark the occasion, Sony is dropping the price on the bare-bones package of its gaming handheld. Effective today, the PSP Core Pack (a system with AC adaptor and battery) retails for $169.99, a $30 drop from its previous price point of $199.99.

This is the first price drop for a system package in the PSP line. While the original $249.99 Value Pack was replaced by the $199.99 Core Pack, part of the cost reduction was due to Sony's leaving out accessories like the 32MB memory card.

Sony also announced that the PSP titles Daxter and Syphon Filter: Dark Mirror have now been included in the Greatest Hits line of games and should retail for $19.99.

Analysts welcomed the news, with Lazard Capital Markets' Colin Sebastian saying it should be a shot in the arm for the system.

"We expect a modest step-up in PSP unit sales during an otherwise seasonally slower period for the video game industry," Sebastian said in a note to investors today. "We note that a Wal-Mart promotion on Black Friday last year generated significant sales volume for the PSP at a discounted price of $169, providing one indication of potential consumer demand."

In his own note to investors, Pacific Crest Securities' Evan Wilson said that the system has had trouble meeting sales expectations since its launch, in large part because of its price, and that the price cut should help address that. However, Wilson said the move will likely have a limited effect on the company's finances.

Got a news tip or want to contact us directly? Email news@gamespot.com

Join the conversation
There are 826 comments about this story
826 Comments  RefreshSorted By 
GameSpot has a zero tolerance policy when it comes to toxic conduct in comments. Any abusive, racist, sexist, threatening, bullying, vulgar, and otherwise objectionable behavior will result in moderation and/or account termination. Please keep your discussion civil.

Avatar image for TintedChimes
TintedChimes

1279

Forum Posts

0

Wiki Points

0

Followers

Reviews: 5

User Lists: 0

Cool, Nintendo will probably counter the move by dropping their price...maybe after they see how Pokemon does in the sales chart. Otherwise, NICE, I was about to get Daxter yesterday. Kind of wished Loco Roco dropped in price too, but I'll take what I can get. I wonder what will happen if Nintendo drops their price to 99, PRICE DROP WAR!!!! One can dream.

Upvote • 
Avatar image for PuffstaJones
PuffstaJones

1160

Forum Posts

0

Wiki Points

0

Followers

Reviews: 12

User Lists: 0

would still have to be allott cheaper for me to want one

Upvote • 
Avatar image for Tnasty11
Tnasty11

4497

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

Maverick19 Yes lets please...... When Dragon Quest for the DS comes we will see... along with Ninja Gaiden, o by the way FF12, FF CC..... o Slap, Crisis Core???? maybe if the re-released FF7 on the PSP but not even close... Dragon Quest for the DS ,Ninja Gaiden, FF12 RW Vs. FF7: Crisis Core, Disgaea PSP, FF 1&2 PSP, God of War and Monster Hunter 2nd

Upvote • 
Avatar image for murlow12
murlow12

11109

Forum Posts

0

Wiki Points

0

Followers

Reviews: 2

User Lists: 0

That's still not enough of a drop. $150 sounds like a more reasonable price for a 2 year-old handheld with no good games.

Upvote • 
Avatar image for buckincrazy
buckincrazy

216

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

i don't want a psp

Upvote • 
Avatar image for DS_fan_atic
DS_fan_atic

4078

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

I don't want a PSP...there goes your point

Upvote • 
Avatar image for einsp
einsp

399

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

How could anyone not want a PSP? Its sexiness alone was enough to make me buy one, its the IPOD of the gameing community, nintendo wants to come out with a new version of there gamboy every other year and want people to buy it, maybe if they actually do somthing thats actually up to date i might consider it but just putting the same old technology inside a different looking case every other year isnt enough to sell me, well im sry they did add a touch screen which i think was already done on something called a blackberry.

Upvote • 
Avatar image for TequilaSlammer
TequilaSlammer

82

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

i got a psp last year for 180 quid, thats around 250 dollars but i got tekken and gta vice city with it. i think that was a good little deal

Upvote • 
Avatar image for ArchAngel2284
ArchAngel2284

1120

Forum Posts

0

Wiki Points

0

Followers

Reviews: 3

User Lists: 0

ONLY $30? i'll pass

Upvote • 
Avatar image for markd751
markd751

135

Forum Posts

0

Wiki Points

0

Followers

Reviews: 1

User Lists: 0

Let's be realistic, PSP will never beat DS in sales, games for the PSP suck and there's too few of them

Upvote • 
Avatar image for CHAOSWEAV3R
CHAOSWEAV3R

8293

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

Whoopidy-doo.

Upvote • 
Avatar image for Ministry4390
Ministry4390

779

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

hmm, still not worth it.

Upvote • 
Avatar image for bizuit
bizuit

564

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

I bought the DS for 249.99 and really wanted to like it. I bought socom even went online with it which was alright, then I bought a si-fi racing game and mlb 06 within a year but there was something about the ds with having the better games so i gave in and got it for Christmas and I can see why its outsold the psp.

Upvote • 
Avatar image for Israels_Son
Israels_Son

534

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

Say "lickspittle" again.

Upvote • 
Avatar image for serrrich
serrrich

27

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

$30 discount.. wow! now Little Timmy can get the kidney replacement that he needed.

Upvote • 
Avatar image for el_sobon
el_sobon

25

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

panteral3 "360player_eq12 said: lol psp...ds...people play em? ---------------------------------------------------------------------------- Nobody but a 360-fool could have asked such a LAME thing..........." Nobody but a mindless Sony lickspittle would comment such a thing, either. Besides, PSP blows. By the way, I'm a Nintendo lickspittle ;-). And i said that, because i think that more than 30million people with a DS is a little more than "someone". So...

Upvote • 
Avatar image for kouthao777
kouthao777

151

Forum Posts

0

Wiki Points

0

Followers

Reviews: 2

User Lists: 0

I might consider getting one now since the price is dropped. I been wanting to play MGS: Portable Ops since it came out. Plus with FF VII: Cirsis Core coming out soon, PSP will be getting a lot of sell.

Upvote • 
Avatar image for dwmorrow
dwmorrow

950

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

I still want a PSP, if only for stuff like MGS: Portable Ops and Lumines, but the price is going to have to drop to about $150 or less before I'll pick one up.

Upvote • 
Avatar image for cyber_sonix
cyber_sonix

112

Forum Posts

0

Wiki Points

0

Followers

Reviews: 4

User Lists: 0

I'll still wait to get one. I am just interested in homebrew and none of the games interest me to the point of me having to buy it. I have my ds for my portable gaming needs :) oh well, good luck sony on selling more psp's.

Upvote • 
Avatar image for Death_Masta187
Death_Masta187

2940

Forum Posts

0

Wiki Points

0

Followers

Reviews: 1

User Lists: 0

Maybe the next price drop i might get one... but the DS is doing it job very well so far...

Upvote • 
Avatar image for mpeg3s
mpeg3s

934

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

This isn't enough! They will have to deliver the new PSP model as well.

Upvote • 
Avatar image for OrianaDorta
OrianaDorta

3114

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

I think I bought my psp too early... whatever, I still love my PSP

Upvote • 
Avatar image for sugreev2005-06
sugreev2005-06

212

Forum Posts

0

Wiki Points

0

Followers

Reviews: 3

User Lists: 0

Well,I got my PSP in 2005...but my friend was planning on buying one...so it might help.

Upvote • 
Avatar image for slasher2119
slasher2119

223

Forum Posts

0

Wiki Points

0

Followers

Reviews: 11

User Lists: 0

with psp sales down 72%!!! last year, sony is finally pulling quite the smart move..... especially since it was outsold five to one during the christmas season. if i see some better games ill pick one up but i couldnt care less about its other features since my ds is setup to do music and movies and due to the fact that the battery life is about as long as the lifespan of a pizza at a weight watchers convention.

Upvote • 
Avatar image for Furbyballistik
Furbyballistik

2056

Forum Posts

0

Wiki Points

0

Followers

Reviews: 1

User Lists: 0

i dont understand how the psp has been selling bad...on every sales update every month, the psp sales 100,000+ ....i didnt think that was bad....also psp is a dope handheld...put your fanboyism aside, and jus pick one up..or atlest try one out..im sure u will like it

Upvote • 
Avatar image for gokuofheaven
gokuofheaven

3452

Forum Posts

0

Wiki Points

0

Followers

Reviews: 3

User Lists: 0

i'm shocked Sony would lower the price because the PSP is worth the full $199 price. Atleast now that the manufacturing of the PSP's are done in China, they are able to afford the price cut. Save those pennies and buy yourself a game now with your PSP purchase. Enjoy!

Upvote • 
Avatar image for panteral3
panteral3

94

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

"360player_eq12 said: lol psp...ds...people play em? ---------------------------------------------------------------------------- Nobody but a 360-fool could have asked such a LAME thing..........." Nobody but a mindless Sony lickspittle would comment such a thing, either. Besides, PSP blows.

Upvote • 
Avatar image for leo4578
leo4578

129

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

Nextgenwars has been exposed as an 18 year old that has been making up numbers for console sales by using code to add a certain amount every hour. << LINK REMOVED >>

Upvote • 
Avatar image for Myst-Vearn
Myst-Vearn

330

Forum Posts

0

Wiki Points

0

Followers

Reviews: 5

User Lists: 0

PSP have great games, with the price drop more people will buy it.

Upvote • 
Avatar image for waleywu_basic
waleywu_basic

309

Forum Posts

0

Wiki Points

0

Followers

Reviews: 4

User Lists: 0

man, tons of DS fans are screaming in pain right now.. yeah, that's those with "too late" in the comments. ;) 25 million units sold, with God of War and Crisis Core coming out this year. Just remember what happened to PSP vs DS sale number when Monster Hunter 2 came out. it will be 10 times better when Crisis Core comes out. Let's get it on!!!

Upvote • 
Avatar image for el_sobon
el_sobon

25

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

360player_eq12 said: lol psp...ds...people play em? ---------------------------------------------------------------------------- Nobody but a 360-fool could have asked such a LAME thing...........

Upvote • 
Avatar image for not-e-n-e
not-e-n-e

664

Forum Posts

0

Wiki Points

0

Followers

Reviews: 2

User Lists: 0

cool

Upvote • 
Avatar image for chubear700
chubear700

1945

Forum Posts

0

Wiki Points

0

Followers

Reviews: 7

User Lists: 0

Yay, it's about time. Sony usually makes price drops 1 1/2 years from launch so two years was really long but also we'll likly see a price drop again by Xmas too. I love Sony gaming products

Upvote • 
Avatar image for Pedro7_2000
Pedro7_2000

428

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

The PSP is solid. I'm glad they are making it cheaper. Now if there was more online play games, they miiiggghhhttt have a chance to eat into some of the DS marketplace.

Upvote • 
Avatar image for Rai
Rai

629

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

hope this drives more sales...PSP is the better system, but the sales just don't show for it :S Also, it's a homebrew and hacker's dream!

Upvote • 
Avatar image for mcxps3
mcxps3

659

Forum Posts

0

Wiki Points

0

Followers

Reviews: 2

User Lists: 0

ill say it again 20 million units worldwide in two years is not bad for the psp. the ds just sold way better. I expect this price drop to help them sell a little better but it wont help them takeover the ds. IO have both and i like the psp more.(im only keeping the ds for pokemon. I have a question for all u ds fans out there if the psp and ds had launched at the same time and at the same price would the ds still be winning.?

Upvote • 
Avatar image for polsci1503
polsci1503

3246

Forum Posts

0

Wiki Points

0

Followers

Reviews: 14

User Lists: 0

meh... "modest step-up in PSP unit sales" indeed. I wouldn't expect much, the PSP is getting dominated by the DS right now. Sony needs to get more (and better) games out if they want to sell more PSPs.

Upvote • 
Avatar image for Trigun1
Trigun1

793

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

I would consider getting a PSP if the price was $99.99 for a core or $149.99 for the Value pack. It would be nice to hook it up to my Ps3.

Upvote • 
Avatar image for DanC1989
DanC1989

50952

Forum Posts

0

Wiki Points

0

Followers

Reviews: 6

User Lists: 0

That should push things along a little, but even I am starting to lose interest bar MGS PO :P (I just got my PS3 though!)

Upvote • 
Avatar image for Gamecrze
Gamecrze

37

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

Eh, I cannot think of a single reason to own a psp. 99 bucks I'd at least consider it, till then, there's hardly anything I even raise a smirk of intrest in.) Metal Gear is about it.

Upvote • 
Avatar image for IMDLEGEND
IMDLEGEND

289

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

This is good news. Although I got mine about 6 months ago, I am glad that I got mine when I did at $199 (with a free game). I got a lot of good use out of my PSP during that time, especially as an MP3 player. I have used it for pictures and limitied web browsing as well, but not for movies yet. I need to get a bigger memory card, as I only have 1/2 Gig card for now. I hope the lower price will encourage a larger user base, and as a result, more high quality games. I don't think that PSP will be able to come close to catching up to the Nintendo DS, but are laying the groundwork for the PSP2.

Upvote • 
Avatar image for Rumstocker
Rumstocker

264

Forum Posts

0

Wiki Points

0

Followers

Reviews: 14

User Lists: 0

I have always said it and I will say it again... The PSP is awesome awesome awesome technology for the price... The new price point is even better... If anyone buys a new PSP, check ebay for great deals on 4gb memory sticks.

Upvote • 
Avatar image for LordAndrew
LordAndrew

7355

Forum Posts

0

Wiki Points

0

Followers

Reviews: 2

User Lists: 0

Not bad. I might actually get one now.

Upvote • 
Avatar image for Drummersteve
Drummersteve

85

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

I still don't care

Upvote • 
Avatar image for epain
epain

198

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

Not bad.. I already have one but good for people wanting to get one.

Upvote • 
Avatar image for joestierman
joestierman

1320

Forum Posts

0

Wiki Points

0

Followers

Reviews: 8

User Lists: 0

yay!

Upvote • 
Avatar image for Zam_basic
Zam_basic

5246

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

Casino Royale, Balboa and Pursuit of happiness just released on UMD

Upvote • 
Avatar image for deactivated-5ca4fa9105c25
deactivated-5ca4fa9105c25

222

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

far too little, far too late.

Upvote • 
Avatar image for ahyumifan
ahyumifan

1396

Forum Posts

0

Wiki Points

0

Followers

Reviews: 7

User Lists: 0

all i need is DJ MAX Portable. seriously.. that is the only game i play man.

Upvote •