Sony unveiled a new low cost Sony PSP for select markets at the GamesCom 2011.
Sony announced today a price-cut for the Sony PS3 and somewhat surprisingly a new version of the Sony PSP console. The new PSP E-1000 is a low-cost variant of the PS with slightly updated design and no Wi-Fi connectivity. The price is down at 99.99 Euro and will be available in PAL countries.
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I assume Sony wants to move in harder on the Nintendo DS line with the Sony E-1000. A standard PSP is selling for only $129 in the United States, but in Germany the price is at about 160 Euro. Europeans have to pay quite a bit more for the PSP than Americans. That is why I guess we will not see the E-1000 in the US.
The new high-end portable gaming console PS Vita will start selling in 2012. The price for it is $249.99