PlayStation Vita gets a much needed price cut

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As many expected, Sony finally announced a price cut for the struggling PlayStation Vita. SCEA CEO Jim Ryan confirmed today that the PlayStation Vita's price will be dropped to $199 in North America and €199 in Europe.

Ryan also mentioned memory cards for the system will be getting a price reduction as well, but didn't provide further details.

Will the $50 savings convince you to get a Vita?

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