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Unit sales and price point seem to have a direct correlation in this generation’s console race. After cutting the price of its 80GB PlayStation 3 to $499 and introducing a 40GB model at $399 in November, Sony experienced a significant uptick in sales of its high-tech hardware. Nintendo’s $249 Wii, which has been the cheapest […]

SAN FRANCISCO (Reuters) - 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 consoles from Microsoft and Nintendo this holiday. The company also cut the price of its highest-capacity model by about 17 percent. The new version of […]