August 19, 2009 Sony to launch slimmer PS3 with lower pricePosted: 09:32 AM ET
Sony has officially confirmed rumors surrounding the PlayStation 3 game console. In a video posted on the PlayStation Blog SCEA President and CEO Jack Tretton announced a new slimmer PS3 will be available September 1st. In addition, all PS3 consoles got a $100 price cut today, dropping the cost to an enticing $299. Engadget received an early look at the new PlayStation 3 Slim and provides a great hands-on gallery. ![]() Price has always been an obstacle preventing the widespread adoption of the PS3. Just last week Ars Technica criticized the cost of the console:
With hot titles such as God of War 3 and Final Fantasy XIII on the horizon and a $100 price cut, the PlayStation 3 may finally be a true competitor in the console wars. Will a $299 feature-rich PS3 be able to dethrone the value-priced Nintendo Wii ($250) or challenge Microsoft's Xbox 360 Pro ($299)? Posted by: Wes Finley-Price -- CNN.com Webmaster
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