CONSOLE
UPDATE: Sony Corp. is
introducing a smaller, slimmer and lighter version of thePlayStation 3 in
time for the holiday shopping season. The global rollout starts
Sept. 25 in North America.
CONTEXT: The Japanese
electronics giant is
struggling as its other businesses suffer from competition with Apple
Inc.'s iPhone and cheaper Asian rivals. The company is banking on
games to help steer a turnaround.
DETAILS: The
new PlayStation 3 is half the size of the original model, introduced in 2006.
It also offers more hard-drive memory. Prices start at $269 in North America.
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