UK retailers already discounting PSP Go

Following the first weekend of PSP Go sales, at least four UK retailers are offering sale prices on the new handheld. Amazon.co.uk, Play, HMV and GAME have all discounted the device to £199.99, which – while still really expensive (it converts to around US $319) – is a significant drop from the MSRP of £224.99.

While it's tempting to just write this off as the PSP Go bombing, we're guessing that the MSRP includes some room for retailer profit (unlike the standard price points for most consoles), and these stores are cutting the margins a bit in the interest of competitiveness. Of course, we don't know what the margin is for a Go, but we doubt all these companies would resort to a price drop so soon if they weren't still going to make a lot of money on the venture.

This article was originally published on Joystiq.