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Reports surfaced on the internet this morning that the PlayStation 3's much heralded $100 price cut was nothing more than an attempt to sell the remaining stock of 60 gig models before selling only the 80 gig model this fall.

Officials at Sony Computer entertainment Europe – including president David Reeves, reportedly – said that the US price would still be $599 because that would be the only model on offer once 60Gig stocks ran out. That means the $100 price cut is more like an attempt to clear out stock, not a real price-cut.

Sony denied the rumor (started, seemingly, by themselves!) this morning. A spokesperson for Sony in the US told Next-Gen, "As announced this week, SCEA's product offering in North America consists of a 80GB PS3 available in August at $599 and a 60GB PS3 available now for $499. We have will have ample supplies of both models to meet the needs of our consumers for the foreseeable future."

We'll keep ya informed!

UPDATE: In this video, Sony's Kaz Hirai seems to indicate that production is stopping on the 60gig PS3. It's a  convoluted story, no?

Next Generation: PS3 60 Gig Phase-Out ‘False’ Says SCEA

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