Foster City, Calif. – Sony (NYSE: SNE) has announced that it will slash
25% off the price of its PSP (PlayStation Portable) gaming device, which as of
Sunday will sell for $129 instead of $170.

The company said the device has sold
more than 23 million units in North America, and 67.8 million worldwide since
the PSP was launched in 2005.

The price cut comes as Sony prepares to launch
its next-generation PSP, expected to be released in the fall.


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