On CBS MoneyWatch: 6 things NOT to do on Twitter, Facebook
BNET Business Network:
BNET
TechRepublic
ZDNet

Posted on ZDNet News: Oct 18, 2007 4:22:00 AM

Reuters Logo Sony will launch a cheaper model of its PlayStation 3 in the United States, hoping to attract more buyers as it goes up against rival game consoles from Microsoft and Nintendo this holiday.

The company also cut the price of its highest-capacity model by about 17 percent.

The new version of the PlayStation 3 will come with a 40GB hard drive, cost $400, and go on sale on November 2, said Jack Tretton, president of Sony Computer Entertainment America.

The price of the 80GB version will be cut to $500 from $600.

The 40GB model has already made its debut in Europe and Japan, and was widely expected to come to the United States ahead of the crucial year-end shopping season that accounts for the largest single chunk of annual video game software and hardware sales.

"I think the educational curve is starting to be broached with the general consumer," Tretton told Reuters in an interview, when asked about his expectations for the PS3 through the end of the year.

Sales of the PS3, which has a built-in Blu-ray drive for playing high-definition DVDs, have lagged those of Microsoft's Xbox 360, which comes in versions costing from $280 to $450, and Nintendo's Wii, which costs $250.

Sony had previously offered a 20GB model but stopped making it earlier this year and cut the price to clear out inventory after finding most customers were opting for higher-capacity versions.

For the new 40GB PS3, Sony has removed its ability to play games for the predecessor PlayStation 2, which is still selling strong despite its aging technology.

"We're choosing to focus on the PlayStation 2 consumer with the PlayStation 2, which remains incredibly relevant, and focus on the PlayStation 3 consumer with the new 40-gigabyte model and the great software coming out," Tretton said.

"Backward compatibility is a nice secondary consideration, but it's far from the number one priority."

Story Copyright © 2007 Reuters Limited. All rights reserved.

SponsoredWhite Papers, Webcasts, and Downloads

  • Talkback
  • Most Recent of 33 Talkback(s)
Not exactly correct
It is unknown where Mr. Cox is geographically located, but unfortunately he doesn't have the whole story.

It's not disputed that overall in all its iterations MS XBox could have outsold the N... (Read the rest)
Posted by: rbittner Posted on: 10/23/07 You are currently: a Guest | | Terms of Use
How fast can you spin?  rpmyers1 | 10/18/07
Inferior technology...  Mike Cox | 10/18/07
You don't know what your talking about !  RegentGaudreau | 10/18/07
Need help removing that hook?  voska | 10/18/07
Can't remove it.  James T. Kirk | 10/18/07
Now, why is it that  GuidingLight | 10/18/07
halo 3...mhhh...  gigaferz | 10/22/07
Not exactly correct  rbittner | 10/23/07
I Despise Sony  DarbyOhara | 10/18/07
buyer remorse...  Linux Geek | 10/18/07
Shut up, fool.  James T. Kirk | 10/18/07
did you pay full price...  Linux Geek | 10/18/07
did you pay full price  GuidingLight | 10/18/07
How many decades  Boot_Agnostic | 10/18/07
They must be in league  GuidingLight | 10/18/07
ignorance  gigaferz | 10/22/07
Early adoption always cost more  voska | 10/18/07
But in this case, got more  rpmyers1 | 10/18/07
RE: Sony to sell new 40GB PlayStation 3 in U.S.  Krompton@... | 10/18/07
What are they thinking ?  redtrain65 | 10/18/07
You're over reacting  Xenomancer | 10/18/07
Good Point  voska | 10/18/07
You can buy the 80G model  RegentGaudreau | 10/18/07
Still way too much!!  techboy_z | 10/18/07
That $350 needs upgrades though  voska | 10/18/07
But do we get the extra large rootkit with the supersize  Boot_Agnostic | 10/18/07
please final fantasy is far better then halo  zatnktelaus@... | 10/19/07
Lost interest in Final Fantasy  voska | 10/19/07
RE: Sony to sell new 40GB PlayStation 3 in U.S.  ANUBUS | 10/22/07
Big mistake if you ask me  wolfsouls | 10/22/07
PS2 compatibility is a must!  thomasderk@... | 10/22/07
PS2 Compatibabilitiy Definelty needed! AGREED!  alvs437 | 10/22/07
Not quite dead in the water  Boot_Agnostic | 10/23/07

What do you think?

advertisement
advertisement

White Papers, Webcasts, and Downloads

Enterprise Applications

  • Check out some of the easiest and most powerful ways to boost productivity while saving money on your application infrastructure. See ZDNet's comprehensive Enterprise Application resource center, now!
  • New Online Dashboard
  • Read about top issues IT decision-makers face every day, plus get cost effective solutions to real life IT problems. Oracle Topline