According to what Video game industry analyst Michael Pachter said, PlayStation 3 and Xbox 360 to receive price cuts again this year.
He said,
“The Wii enjoyed a $350 price advantage over the PS3 at launch, and a $150 advantage until September. Now, the gap has narrowed to $100, with the feature-laden PS3 a tempting purchase for prospective console households,” says Pachter.
“The holiday Wii sales boost was primarily attributable to a $50 gift card promotion offered by Wal-Mart; while we expect similar promotions at holiday next year, we expect the other consoles to be lower-priced by then, further eroding the Wii’s competitive price advantage.”
“It appears that piracy in Europe and some substitution of iPod Touch games has impacted DS software sales more than we expected, and we have adjusted our estimates for FY:11 to account for further pressure.”
The man behind the iPhone JailBreak has come up with a new HACK. And now its for Sony Playstation 3. Some days earlier he posted a blog entry about the hacking of the playstation. Now today he released the exploit to the public. As of now for a normal person, i think its not easy to use this exploit. But there will be easy to use kits in no time as, homebrew developers will find new ways to run custom code on the PS3.
Geohot Said in his blog,
In the interest of openness, I’ve decided to release the exploit. Hopefully, this will ignite the PS3 scene, and you will organize and figure out how to use this to do practical things, like the iPhone when jailbreaks were first released. I have a life to get back to and can’t keep working on this all day and night.
Modern Warfare, the blockbuster game again found a place in the industry news. After selling almost 5 million copies in its first day, now it killed playstation network, at least for a while., server overloads was being the reason.
Says developer Infinity Ward’s Rob Bowling: “It’s a server overload not a bug in the code. They’re working to have servers back up ASAP. MP servers gradually coming back online. Some users may still experience issues. Looks like it was the amount of connections at once that killed PSN.”
Anyway after sometime, the problem was solved.
Playstation will start offering Disney movies starting from tomorrow. The first movie to be offered will be blockbuster animated hit Up, the same day as its Blu-ray and DVD release date.80 Disney movies are set to be available for purchase via the PlayStation Store. This will allow for easy downloads to the PS3 or PSP consoles.
The SD version of Up will sell for $15 and the HD version will cost $16, leaving no real reason to purchase the SD version unless you have low bandwidth.
60 of the 80 Movies available for purchase are also available in HD.
Sony’s officially announced their PlayStation 3 Slim that retails for $100 less than the current PlayStation 3 fat, which is also getting a price cut.
Go Through the Pictures for a closer Look.
The slim will come with a 120GB drive, and will be 32% smaller and 36% lighter than the standard PlayStation 3, as well as using 34% less power. The $300 price will apply to all PlayStation 3s starting tomorrow. The Slim will be available everywhere by the first week of September.
Here are some more details. The 80GB PS3 (current model) will be discounted to $300, whereas the 160GB PS3 will be $400. There will be a new PS3 logo as well as modifications to the official name from PLAYSTATION 3 to PlayStation 3 as to not be shouting all the time.
It’ll also have a BRAVIA Sync feature that’ll allow you to control the PS3′s XMB with your Sony TV remote as long as they’re connected via HDMI. And the TV will automatically turn off the PS3 when the TV goes off.
There’s also a vertical stand retailing for $24 on September 3. Whether or not you can stand it up vertically for long periods of time without the stand is unknown. Sony also says that they’re eliminating the feature of installing other operating systems on the Slim, so no more Linux.
Oh, and there will only be two USB ports.
credit:Gizmodo
According to the Taiwanese website UDN, the upcoming rumored PS3 Slim will be ready to shipped by the end of this month, july – 09.
According to them Foxconn and Pegatron are already working on the new model. If these information are true, then there is a chance for the price cut on the normal PS3 alongside with the launch of PS3 Slim. But there will not be much differences between the normal PS3 n the Slim one. However the PS3 Slim will have much thinner body for sure. 
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