Sony cuts PS3 price, makes slim model official

Image: Kotaku

Sony today announced it is slashing the price of its 80GB PlayStation 3 gaming console from $399 to $299, and introducing a slimmer 120GB model in September that will also cost $299.

The PS3, which debuted in 2006, has come a long way from its original $599 pricetag. Is reality finally catching up with the video games industry, once deemed recession-proof?

Nintendo is the only company that hasn’t budged on its console prices, but the speculation is that won’t last for long: Sales of the $250 Wii dropped last month for the first time since it launched three years ago, and recent software lineups just haven’t been living up to expectations.

Microsoft dropped the Xbox 360’s price ($80 or $50, depending on the hard drive configuration) around this time last year.

Subscribe for free updates!


View previous campaigns.

Powered by MailChimp

Nerdvana Media will use the information you provide on this form to be in touch with you and to provide updates and marketing. Please let us know all the ways you would like to hear from us:

You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at We will treat your information with respect. For more information about our privacy practices please visit our website. By clicking below, you agree that we may process your information in accordance with these terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.