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Sony Officially Cuts PlayStation3 Price to $499
9 July 2007

Sony Corp. has officially cut price on its PlayStation3 by $100 on Monday July 9th. And also they have released a new model of the PlayStation3 (PS3). The new model will be priced at $599 which will have changes on the capacity from 60GB to 80GB and will also include the retail copy of the online racing title “Motorstorm”. Starting today the 60GB version of the PS3 will be costing $499.
The larger capacity version of PS3 won’t be available in United States and Canada until August.
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