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Sony to offer 40 GB PS3 for $400

REUTERS [ THURSDAY, OCTOBER 18, 2007 01:24:18 PM

SAN FRANCISCO: Sony Corp 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 c

onsoles from Microsoft and Nintendo this holiday.

The company also cut the price of its highest-capacity model by about 17 per cen

t.

The new version of the PS3 will come with a 40 GB hard drive, cost $400 and go o

n sale from November 2, said Jack Tretton, president of Sony Computer Entertainm

ent America.

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

The 40 GB model has already made its debut in Europe and Japan and was widely ex

pected to come to the United States ahead of the crucial year-end shopping seaso

n that accounts for the largest single chunk of annual video game software and h

ardware sales.