The Associated Pres reports that Sony is cutting the price of the 60 gigabyte Sony PlayStation 3 model by $100. The 60 gigabyte PS3 will fall from $599 to $499. The company has faced continual pressure from Nintendo's popular Wii game system. The AP also says Sony is coming out with an 80 gigabyte unit that will include a racing game called MotorStorm and retail for $599. The new unit will be availabe in August.
The new PS3 increases the system's storage capacity to 80 gigabytes from 60 gigabytes and also includes a retail copy of the online racing title "MotorStorm," a company spokesman said. It will be priced at $599.
The larger capacity machine won't be available in the United States and Canada until August.
It plays into the company's upcoming strategy of eventually offering downloaded high-definition movies, video games, movie trailers and demos, Sony spokesman David Karraker said.
Karraker said further details on high-def movies for download would be released at a later date.
The announcement comes two days before the E3 Media & Business Summit in Santa Monica, Calif., where dozens of industry heavyweights including Sony rivals Microsoft Corp. and Nintendo Co. are expected to show off their latest games and related products.
Sony has also blogged about the new 80GB PS3 here on the Playstation Blog. You can read more about MotorStormhere on Sony's playstation.com website.
The Associated Pres 
