Sony cuts price of PlayStation 3 by $100 to $299, plans new, slim version

August 19th, 2009 Summary Box: Sony cuts price of PS3 by $100GEARING UP FOR HOLIDAYS: Sony Corp.'s move to cut the price of its PlayStation 3 console by $100 comes well ahead of the holiday season and should boost sales not just for Sony but the video game industry as a whole during this important period. LONG EXPECTED: The 80-gigabyte PS3 will now cost $299 and a slimmer, lighter one is planned for the same price.

August 5th, 2009 On the Call: EA CEO John RiccitielloVideo game publisher Electronic Arts Inc. posted better-than-expected results for its fiscal first quarter Tuesday, and reaffirmed its adjusted guidance for the full fiscal year.

September 24th, 2009 Sony to launch new motion controller next springNEW YORK — Sony plans to release a new motion controller next spring for the PlayStation 3 video game console. The controller will work with the PlayStation Eye camera, which can track players' voices, faces and body motion.

August 27th, 2009 Microsoft cutting price of high-end Xbox 360NEW YORK — Microsoft Corp. is slashing the price of the high-end Xbox 360 console by $100, matching Sony's $100 price cut for the PlayStation 3 last week.

May 14th, 2009 Sony reports $1 billion annual lossTOKYO — Sony Corp. reported Thursday a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first net loss in 14 years, and forecast its red ink to swell this year amid a serious downturn in global electronics demand.

August 19th, 2009 Sony cuts PS3 price around world, offers upgradeTOKYO — Sony Corp. slashed the price of the PlayStation 3 around the world in a move that analysts said is likely to boost sales of the game console while not adding much to its money-losing earnings.

August 19th, 2009 What should I call it? Sony PS3 on diet! I have no better word to describe the new slim Sony PS3 which takes up 32% less space, sucks 34% less power and gets a $100 lesser price tag at $299. The model will also boast a more spacious 120GB Hard Drive instead of 80GB when it becomes available on the first week of September.

August 17th, 2009 Sector Snap: Video games take a hitNEW YORK — Shares of video game companies took a hit Monday, even as rumors mounted about a looming price cut for Sony Corp.'s PlayStation 3. The shares dropped just a few days after market researcher NPD Group reported a sharp drop in video game retail sales for the month of July.

September 2nd, 2009 NEW YORK - The Japanese electronics company Sony Corp plans to introduce a liquid-crystal-display television capable of playing 3-D programming by the end of next year, The Wall Street Journal reported Wednesday. Sony is to announce its plans for the new TV next week at the IFA consumer electronics show in Berlin, an unnamed source familiar with the plans told the Journal.

August 20th, 2009 If you are still unsatisfied with the good news of the PS3 Slim, here is another good news to make you happy. You can launch games like Street Fighter IV, Resistance 2, Motor Storm or Far Cry 2 directly from home.

August 19th, 2009 Electronic Arts CEO says PS3 price cut great moveNEW YORK — John Riccitiello, the CEO of video game publisher Electronic Arts, says Sony's decision to cut the price of the PlayStation 3 is a "bold move done precisely at the right time." Sony Corp. said Tuesday it is cutting the price of the console by $100, bringing the 80-gigabyte version to $299 effective immediately.

August 19th, 2009 PSP game player to get Spider-Man, X-Men comicsNEW YORK — Sony is adding a digital reader service that will allow owners of its handheld gaming system, the PlayStation Portable, to download comics. The service will start in December and will include content from Marvel Entertainment's Spider-Man, X-Men and the Fantastic Four.

June 3rd, 2009 Sony shows off motion controller at E3LOS ANGELES — Sony has conjured a new controller at the Electronic Entertainment Expo. The PlayStation maker unveiled a prototype wand-shaped motion controller at their splashy E3 presentation Tuesday at the Shrine Auditorium in Los Angeles.

July 30th, 2009 Sony reports quarterly loss, expects more red inkTOKYO — Sony Corp., maker of the hit PlayStation game console, reported a smaller-than-expected quarterly loss but maintained its forecast for more red ink as it takes a beating from the strong yen and slumping global electronics sales. The Japanese electronics and entertainment company said Thursday its net loss for the fiscal first quarter was 37.1 billion yen ($390.5 million) compared with a 35 billion yen ($368.4 million) profit in the April-June period a year earlier.

July 28th, 2009 Sony still struggling after first loss in 14 yearsTOKYO — Japanese electronics and entertainment company Sony Corp. reports its fiscal first quarter earnings on Thursday.