The rumors have matriculated into reality: Nintendo has confirmed it will trim the price of its Wii console by $50 starting this weekend, reducing the system’s overall cost to $199.99.

Speculation about the cut has lasted weeks following recent price reductions on…

Sony's 10-year-old PlayStation 2 may change our thinking on video games.

Thanks to Sony, video gaming may have stopped evolving.

Today, the company announced it was dropping the price of its decade-old PlayStation 2 consoles to $99, plus sales tax, from $130. This…

The rumors circulating this past week apparently were true: Microsoft intends to trim the price on its Xbox 360 consoles by $50.

This means the entry-level Arcade edition, which has no hard drive, will cost $199 — the lowest price ever…

No big game releases coming this week; no new hardware due out, either. Just promises and speculation.

This week, gamers everywhere put down their controllers for a few days to see what comes out E3, the annual big show for gaming…

Well, if it’s in The Wall Street Journal, it must be true: Micosoft’s Xbox 360 Pro game console will sell for $50 less, probably starting this weekend.

WSJ’s report, dated today, follows rampant speculation of the discount throughout the blogosphere in…

Anyone who has taken as gospel the blogs and forum posts claiming Sony Corp. would knock another $100 off the price of its PlayStation 3 console might want to temper that faith.

Sony is denying any plans of a price cut and has been…