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August 18, 2009, Sony Computer Entertainment Inc. unveiled the new PS3 Slim a lighter thinner version of its PlayStation 3 game console, featuring a 120GB hard disk drive and continues to offer features and functions of the current models such as the ability to play High Definition Blu-ray Disc movies and games, as well as various content and services downloadable through the network.

President and CEO Jack Tretton shows off the new hardware in this video.

The new model of the console will release to market in the first week of September at the new price of £299. With the introduction of the new PS3 system, Sony Computer Entertainment Inc. said it will reduce the price of the current PS3 with 80GB HDD to $299 and the 160GB HDD version will drop to $399, both effective Aug. 18.



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