It looks like we could soon be in for a good old fashioned price war, with talk of yet another PS3 price cut already spreading just days after the last one became official. What's more, this latest rumor appears to be based on more than just idle speculation, coming instead from Capcom's Capcom Chief Financial Officer Kazuhiko Abe, who told Reuters that the price "is likely to be cut again towards the end of the year," adding that he expects the PS3's installed base to "grow gradually." While there's no indication of just how big a price cut it'd be, any further drop would certainly put a crimp in Microsoft's rumored plans for a significant price cut of its own, though we doubt too many other people will be complaining.

SCEE president David Reeves has told GamesIndustry.biz that the 60GB PlayStation 3 will no longer be available in the US after stock sells out - which he predicts will occur by the end of the month.
Reeves was speaking at an E3 event to announce the introduction of a new PS3 bundle in Europe. When asked about possible criticisms over whether SCEE should have given consumers the option to pay a lower price, as SCEA has done, he replied, "Well, they're not really are they, because what the US are offering from the 1st of August is a USD 599 version with one game.
"All they're doing is taking their stock in trade that they've got at the moment of the 60GB model, marking the price down and it will all be gone by the end of July."
When asked to clarify if this will mean the end of the 60GB model, Reeves answered, "In America, yes."
SCEA announced a USD 100 price cut for PlayStation 3 earlier this week. A new 80GB model will come bundled with a copy of Motorstorm and will retail for USD 599.