A cut price PlayStation 3 (PS3) with a smaller hard drive and no backwards compatability with previous consoles goes on sale later this month. The £299 PS3 has a 40-gigabyte hard disk and will be released in Europe, Middle East, Australia and New Zealand.
Sony has also slashed the price of the 60GB model, from £425 to £350 as it hopes to ignite sales.
Ray Maguire, head of PlayStation UK, said he expected the PS3 sales base to double by Christmas.











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