Netflix and Sony announced that Netflix will now stream movies to PlayStation 3 consoles for no additional cost.

Nintendo is dropping the price of Nintendo Wii retail to 199$ this Friday, if you have been looking to buy the Wii Console it would be better to wait for a few more days as it will save you $50.

Mr. Hirai of Sony Computer Entertainment today in an interview to TimesOnline said that Sony still loses money on every ‘Slim’ Playstation 3 sold but the platform as a whole is still profitable.

The PS3 Slim is expected to hit American shores on the 1st of September. But what exactly does the PS3 slim have that will make people buy this new console? Here are the PS3 slim details for your reading pleasure.

In a conference call on 31st July, 09, chief financial officer of Sony Corp., Nobuyuki Ondea said that there Sony PS3 Manufacturing costs have dropped by 70% from the time it was launched to the public in the year 2006. Back in 2006 when Sony had launched the PS3, it was a known fact that Sony was facing huge losses on each PS3 sold