Sony Slashes Current PlayStation 3 Price, Confirms Inexpensive Model.
Sony to Introduce PlayStation 3 40GB at $399, Reduces PS3 80GB Cost to $499
by Anton Shilov
[ 10/19/2007 | 12:54 PM ]
Sony Computer Entertainment America on Thursday said it would slash the price of the currently available PlayStation 3 80GB by $100 and also introduce a much more affordable model with no backwards compatibility, but available at just $399.
“We’re pleased to offer the consumer a lower price point without sacrificing the core technology components that make PS3 the most advanced high-definition entertainment system available. Every PS3 comes with a Blu-ray drive, HDMI output, an integrated Wi-Fi connection, Cell Broadband Engine and a built-in hard-drive,” said Jack Tretton, president and chief executive of SCEA.
Sony PlayStation 3 40GB, which cannot play games developed for PlayStation/PlayStation 2, does not feature memory card slot and has only two USB ports, will go on sale on the 2nd of November at manufacturer suggested retail price of $399. Additionally, already now Sony offers its PlayStation 3 80GB for $499, down $100 from the previous price-point, making the top version of the worst-selling new-generation game machine available at a more affordable price-point.
Given that modern PlayStation 3 60GB (PAL) and 80GB (NTSC) do not feature build-in PlayStation 2 processors for backwards compatibility, but rely on software-based approach, it is unclear why Sony axed this feature for the latest model, if PS2 games are still supported on more expensive PS3 versions.
“The new 40GB PS3 will no longer play PlayStation 2 titles, reflecting the availability of a more extensive line-up of PS3 specific titles. Consumers looking for backwards compatibility can take advantage of the limited PlayStation 2 backwards compatibility of the 80GB PS3,” Mr. Tretton said.
Sony PlayStation 3 console is based on the Cell processor developed by IBM, Sony and Toshiba, the RSX graphics chip by Nvidia Corp., wireless network and Bluetooth connectivity and is equipped with Blu-ray optical disk drive. There are several versions of the consoles available around the world with 60GB or 80GB hard disk drives and variable compatibility with PlayStation 1/2 games.