Tokyo (Japan) - Sony is cutting prices on its upcoming PlayStation 3 even before the 17 November release date. Ken Kutagari, Sony's PlayStation chief, spoke told the audience at the Tokyo Game Show that prices would be cut by 20% and that all models will include HDMI connectors. He also said there will be no further shipment delays.
The PlayStation 3 will be Sony's newest gaming console will ship with a Cell processor, Blu-ray disc player and a 20 or 60 GB hard drive. The PS3 with a 20 GB hard drive version will sell for 49,980 yen or about $430. The price for the 60 GB version remains unchanged. Apparently, the price cut only applies to the Japanese market.