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E3: Sony cuts PS3 price by $100

Posted on 17.07.2008 at 03:38 in Tech News by Martin

At the E3 Media & Business Summit, Sony announced it was introducing a new PlayStation 3 model with a built-in 80 GBhard drive for $399, replacing Sony’s current 80GB PS3 which retails at $499. The new 80GB model essentially doubles the storage capacity of Sony’s currently offered 40GB PS3 model, which is also priced at $399. The new 80GB PS3 will start shipping in September, according to a statement on Sony’s Web site. The new 80GB PS3 will also include integrated Wi-Fi and a built-in Blu-ray player, but like the old 40 GB model it will not be backwards compatible with PlayStation 2 games. The 40GB version of the PS3 will eventually be phased out, Reuters reported.

Sony’s announcement comes after Microsoft cut the price of the 20GB Xbox 360 to $299 from $349. Microsoft also plans to introduce a new 60GB Xbox 360 model that retails for $349, to eventually replace the 20GB model, which will be gradually phased out. This price cut is not Sony’s only salvo against Microsoft. Sony announced earlier at E3 that it would be introducing a new video distribution service, as competition for Microsoft Xbox Live, according to Reuters. In addition to watching videos on their PS3s, users will also be able to transfer downloads to their PSPs for portable viewing. With these new announcements from both Sony and Microsoft, Nintendo’s next move is open to question.

Source: CRN

* Comments(103)

Comments (103)

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  1. thespecgeek
    July 19th, 2008 | 03:16

    Xbox = FAIL

    all you xbox lovers are all just envying the ps3. You realized that you bought such a piece of crap that you have to try to bring down the ps3 just to satisfy your ego. So sad too bad PS3 and Wii wins. Sony’s image is pure entertainment from movies to music to video games. The xbox came from who? oh yes microsoft. Microsoft’s main focus is on 0101000 business and security (security which they aren’t very good at). Leave the fun factor and entertainment to Nintendo and Sony. Even bill gates own a ps3 pshh.

  2. braddockboy
    July 22nd, 2008 | 22:03

    in o9 hd is the standard for tv xbox is trash there going to stop making dvds then ya 360 is going to sit like your xbox money wasted collecting dust then going to try to force someone to buy it but they wont cause they wont make games foe it

  3. bradmcr
    August 10th, 2008 | 17:06

    i have a 40gb ps3 and am very happy with it as i can play ps1 games on it as well as watch all my divx using usb stick or via my nero media home server.

    as for the blinking check this out for the solution:

    http://www.youtube.com/watch?v=Gj_gEwHOQEI&feature=related

    i got my ps3 free with my sony phone here in the uk and use it everyday.

    as for the cost of bluray movies has no one heard about has movie rental company Lovefilm … they don’t charge extra for bluray rental and i can also rent ps3 games

    what i don’t understand is why anyone bashes the ps3 as it is constantly evolving and getting better … it’s built to last and as Sony recently announced they are also focusing now on getting more games.

    biggest bonus though with the Ps3 is the true 1080p HD experience in games and movies … answer me does any other console offer this?

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