Following on the trail of price cuts, Sony has revealed at the Gemescom press conference that they will be releasing a cheaper PSP ‘PSP E-1000′. The new version will have a simpler (downgraded) design and no Wi-Fi capability.
If you compare it with Sony’s new smartphone ‘Xperia PLAY‘, it somewhat looks the same – except with the mobile phone subtracted from the PLAY.
So far, Sony has maintained Wi-Fi feature all along since PSP’s introduction, even on the smaller vesions of it and on the other hand Wi-Fi is not novelty component like an AMOLED display or a hard drive that Sony would save an awful lot by not offering it. To be honest, it’s actually very strange.
The new version of this budget PSP E-1000 will be made available in fall Q4 of this year. The pricing is set at €99 Euros (approx $140) but there are no indications of the device to release in the US.
We think the reason for these price cuts across different gaming consoles from different manufacturers is due to the fact that all gaming consoles now face a massive threat from iPhone and Android games. Aanother important factor is that the companies are trying to prepare for the holiday season and target early Christmas shoppers looking for new gift ideas.