Ps3 in the works
 

TOKYO, May 5 (Reuters) - Japanese consumer electronics giant Sony Corp (TOKYO:6758) has begun developing a games console to succeed its popular PlayStation 2 after 2005, Kyodo news agency reported on Sunday, citing company sources.

No one at Sony could be reached for comment.

The third-generation PlayStation will feature a powerful microprocessing unit (MPU) that would be about 200 times faster than those used now for video games machines and personal computers, it said.

Sony Computer Entertainment Inc, a unit of Sony, Toshiba Corp (TOKYO:6502) and International Business Machines Corp (IBM) (NYSE:IBM) plan to spend $400 million to develop the MPU, Kyodo said.

Sony plans to develop the console by 2005, with a view to putting it on the market when fibre-optic networks become widespread, the sources told Kyodo.

The new machine would be designed for online use on high-speed fibre-optic networks, meaning it would probably be free of memory devices such as DVDs.

The PlayStation series has been a runaway success, dominating the game machines market. But competition has increased with the recent lauch of Microsoft Corp's (NASDAQ:MSFT) Xbox.

In the business year that ended March 31, Sony shipped 18 million PlayStation 2 machines, boosting its game sales by 52 percent.

2005

This is the price.
$300 without fancy computer MPU's
$1000 with MPU's
Its just like a comp., the same price, whoa, very big price.
They sended it threw mail, I have been getting playstation mail, not psmag.
Make sure its the truth though, its coming from playstation mail. :P

i'm thinking maybe 350 dollars.It sounds like they're focusing on the online play alot.So i bet it'll have the modem and harddrive already installed.

It better have the hardrive, they should be hung for not having included it in PS2 they better not make the same mistake twice

I agree

So do I

Buy the Xbox












:p:p:p I'm jokin I'm jokin! :D

i heard it will be like 400$

I'm not really ready for a brand new console quite yet, lol. But still, this machine seems VERY powerful...I mean, they're stating that it's 200xfaster than the current gen systems?...That's insane! lol...I'm sure the price will at least be 400$....