Sony cuts the price of PlayStation 3

Sony announced it was introducing a new PlayStation 3 model with a built-80-GB hard drive for $ 399, replacing Sony's 80GB PS3 current retail to 499 $.
The new 80GB model essentially double the storage capacity of Sony, which is currently offered 40GB PS3 model, also priced at $ 399th

The new 80GB PS3 will begin shipping in September, according to a statement on Sony's Web site. The new 80GB PS3 is also the built-in Wi-Fi and a built-in Blu-ray player, but as the old 40 GB model will not be backward compatible with PlayStation 2 games. The 40GB version of the PS3 will eventually be abolished, reported Reuters.

Sony's announcement comes after Microsoft cut the price of the 20GB Xbox 360 to $ 299 $ 349. Microsoft also plans to introduce a new 60GB Xbox 360 model sells for $ 349, to replace the 20GB model, which will be gradually phased out.

This price cut is not only Sony's salvo against Microsoft. Sony already announced at E3, it would be the introduction of a new video distribution service, as competition for Microsoft Xbox Live, according to Reuters. In addition to the videos on their PS3s, users will also be able to transfer downloads on their PSPs for portable displays.

With these new announcements by Sony and Microsoft, Nintendo's next move is open to question. But Nintendo Wii retains a strong appeal.
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