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.
Today scrawlfx.com posted an entry saying,
“a source close to Sony has said that it is indeed true (as if the images being on the UK PlayStation site didn’t prove it) and that Sony will be announcing more information on it “very shortly”.
They also posted a few screenshots for the upcoming PlayStation 3 firmware update which are said to be accidentally leaked, in which you can change your gamercard colors, have direct Facebook integration, and view your pictures in a newly updated way.
The pics have been taken down from the Sony UK site, but JoyStiq still has the thumbnails up.
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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.
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. 
