Sony Cuts Price of PS3 to $410

Sony Corp. said Friday it will lower the price of its much-anticipated PlayStation 3 video game console, heating up the competition in the next-generation gaming war against rivals Microsoft and Nintendo.
The announcement comes just days after Microsoft announced that it would roll out an external high definition DVD player for its Xbox 360 in an effort to match the PlayStation 3, which is due to be released later this year with its own Blu-ray DVD technology.
Sony will cut the price of its basic PlayStation 3 model in Japan to 47,600...
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