PS3 price reduced worlwide by Sony, upgrades offered

The controversial whistleblower web site Cryptome have been releasing sensitive government and corporate documents for almost 14 years now. The site has recently recently a controversial document titled Microsoft

Nobody enjoys spending hours on the phone with tech support to get fixes when there is something wrong with the PC or the internet connection. But talking to tech support is an inevitable process that we

You already know that Youtube has removed the video of Rick Astley’s legendary song, “Never Gonna Give You Up.” They removed it because of the terms of use violation. But a lot of fans were hurt for this. A few hours

Up until now, 120MB of PlayStation 3’s 512MB of RAM were dedicated at all times to the operating system, while Xbox 360’s OS consumed only 32MB. This means that the PS3 console could come up short wen it

Despite a laundry list of problems with Google’s Nexus One that users have been complaining about, there was one feature that of the phone that kicked the iPhone 3GS’s buut: the gorgeous, 800-by-480 pixel

Yahoo Inc plans to integrate Twitter into its collection of websites, as the company seeks to enhance the appeal of its online properties with popular social networking features

Intel recently reported to the U.S. Securities and Exchange Commission that it too was the victim of a sophisticated cyberattack last month, at about the same time Google was allegedly attacked by Chinese hackers

Reporter:Tech Watcher

Under: Gaming

On August - 19 - 2009 View Comments

(No Ratings Yet)

Loading ...

At last, the much awaited price cut of PS3 consoles has announced by Sony. The price of PS3 consoles has been curbed worldwide except in Japan. And, upgraded versions of the consoles with 120 GB hard drives are going to hit the market. Sony also announced that it will stop manufacturing the pricey models to give space to the new models.
New PS3 console
The Japanese electronics maker introduced a revamped, slimmer version of the PlayStation 3 on Wednesday, raising its hard drive to 120 gigabytes from 80, and lowering the price by about $100 worldwide.

Sony cut the price of the current model to the same price as the new model – $299 in the U.S. from $399, and in Europe to 299 euros from 399 euros, but kept it unchanged in Japan at 39,980 yen ($420).

Shawn Layden, president of Sony Computer Entertainment Japan, the company’s gaming unit, told reporters the new model will go on sale in Japan Sept. 3 for a lower price of 29,980 yen ($315).

Sales of video games and consoles have been hit by the global slowdown, and speculation had been rife about a PlayStation 3 price cut.

The price reduction is coming ahead of the critical year-end shopping season, when game makers rake in most of their sales for the year.

Sony desperately needs a boost. The maker of Bravia flat-panel TVs and Cyber-shot digital cameras lost 98.9 billion yen ($1 billion) last fiscal year, its first annual red ink in 14 years. It is forecasting an even worse 120 billion yen ($1.3 billion) loss for the fiscal year through March 2010.

Sony has sold more than 23.7 million PlayStation 3 machines around the world since the machine went on sale in 2006, but their sales have fallen behind rivals.