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Sony Slashes Price of PlayStation 3

Floundering console still costs twice as much as a Wii

By Sam Gale Rosen,  Newser Staff

Posted Jul 9, 2007 8:29 AM CDT

(Newser) – Sony is easing up on the retail price of its struggling PlayStation 3 by $100. The console will now cost $500—$20 more than the Xbox 360 and twice as much as the bestselling Nintendo Wii. Sony's CEO had promised to hold the price, but...   Read full story »

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