PS3 40GB model priced $399 release on November 2nd 2007 including Spider-Man 3 on Blu-Ray. PS3 80GB model price lowered to $499 after $100 price cut
Jack Tretton, president of Sony Computer Entertainment America, has announced that the new PS3 40GB model will come with a 40-gigabyte hard drive, and will cost $400 when it goes on sale on November 2nd, 2007. The 40GB PS3 comes bundled with the block-buster movie Spider-Man 3 on Blu-ray. On this model Sony has removed the backwards-compatible ability with PlayStation 2 titles. Mr. Tretton said removing that capability, along with a few other features, isn’t dramatically reducing Sony’s cost of manufacturing the console but will instead encourage buyers of the entry-level PlayStation 3 to purchase more games designed specifically for the new system.
The 40-gigabyte 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.
The price of the 80-gigabyte PS3 model will be cut down $100 to $499 from $599. Sony could use a sales boost in America where 1.75 million PS3 units had been sold to the end of August, compared to 4 million Wiis and 6.3 million Xbox 360s, according to the NPD research firm. All these price cuts come down to Sony’s plans to sell 11 million PS3s worldwide this fiscal year, which ends in March 2008. — Quotes via Reuters
Did you know the unique PS Vita game Gravity Rush is helmed by the Siren series director? 
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