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PS3 is coming down in price.

BBC NEWS | Business | Sony cuts Playstation price in US

Sony is slashing the price of its PlayStation 3 games console by 17% or $100 in the US to boost sales.

As a result the PS3 will now cost $500 (£249), between $100 and $200 more than versions of the Microsoft Xbox 360 and twice as much as the Nintendo Wii.

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