Sony delays PS3 &quot;Home,&quot; mum on price cuts
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Sony Corp (6758.T) said on  Thursday it would postpone the launch of its &quot;Home&quot; virtual  community service for its PlayStation 3 game console to early  next year, the latest setback in its video game battle with  Microsoft Corp  and Nintendo Co Ltd (7974.OS).
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Sony Corp said on Thursday it  would postpone the launch of the &quot;Home&quot; virtual community  service for its PlayStation 3 game console to early next year,  the latest setback in its videogame battle with Microsoft Corp  and Nintendo Co Ltd.
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Sony Corp. has no plans to cut the price  of its PlayStation3 (PS3) at present to pep up demand and  counter surging sales of Nintendo&#39;s rival game console Wii,  Sony&#39;s president said on Friday.
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Sony dropped the price on its PlayStation 3 in July - from $599 to $499 for its 60-gigabyte model - and got a bump in sales, but Nintendo&#39;s Wii continued to dominate by posting its largest monthly sales figure of 2007.
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Sony Corp. (6758.T) plans to lower the  production cost of its PlayStation 3 (PS3) game consoles by  using less expensive chips, aiming to turn the operations  profitable between September and next March, the Nikkei  business daily reported on Friday.
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It&#39;s another black eye for Sony. After closing its online music store in August, news comes that the entertainment giant is delaying the opening of its online community for  the PlayStation 3.
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Sony will release a new PlayStation 3 controller but not an anticipated price cut.
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Sony Corp.  plans to lower the  production cost of its PlayStation 3 (PS3) game consoles by  using less expensive chips, aiming to turn the operations  profitable between September and next March, the Nikkei  business daily reported on Friday.
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While Sony has been quiet about the PS3, that&#39;s apparently changing as they&#39;ve made a major partnership announcement today.
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NEW YORK (CNN/Money ) - In recent weeks, analysts and pundits have filled the air with speculation that Sony would be forced to delay its entry in the handheld gaming market.
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Sony's cheaper PS3 will be on U.S. store shelves in time for the holiday season.
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During Wednesday's keynote presentation, Sony's Phil Harrison mentioned that, while the finished version of Home for the PlayStation 3 would be available in fall of this year, there would be a beta of the program that would be made available in April. It looks like Sony's getting a bit of a head start on the process, however, since a new Web site opened up Thursday, advertising the impending release of the beta trial. Currently, it doesn't say much, but what it does say is this:
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Sony has been demoing its 3D online user community Home a lot recently, ramping up excitement surrounding its release, initially planned for later this year. Thursday at the Tokyo Game Show, and in his first public appearance as CEO of SCEI, Kazuo Hirai announced that Home would be delayed until next spring.
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'Within 12 months' Sony has yet to launch the PlayStation 3 in Europe but already one analyst is forecasting a first-year price cut which will see at least â¬150 knocked off the â¬599 launch price.â¦
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Hurry up, Howard The chairman and chief executive of Sony, Sir Howard Stringer, has said the company was attempting to "refine" how much it could afford to reduce the price of the PS3 console by, and has been quoted as saying there was "no question" consumers wanted the price to be lower. Duh.â¦
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Sony confirmed the speculation Thursday, officially announcing a 40GB PS3 model for the United States, which will be available for $399 USD on November 2. In addition, the company made a surprise price drop on its 80GB model, which will now run $499 USD.
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Up 135 per cent, apparently Sony has claimed that PS3 sales in North America have jumped 135 per cent since it brought the price of the 60GB console down to $499 two weeks ago.â¦