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Signs are pointing to a November 2nd launch of the price (and feature) reduced 40GB PS3. However, where is the buzz? Why is there no official confirmation from SCEA? "These rolling announcements suggest to me that Sony has an inventory control problem, with too many unsold 60GB units out there, and they don't want to have to cut the price to clear them," Wedbush Morgan securities analyst Michael Pachter told GI.biz.
Continue reading SCEE announces new 40GB PS3 to launch at €399

Seems Sony can jam another feather in its cap and cluck about another award today. The winners were announced for this year's EISA awards (European Imaging and Sounds Association) and the PlayStation 3 walked off with the award for best multimedia device. From the official announcement on the EISA site, "Sony's PS3 is a wonderful example of a powerful media centre, thanks to its inclusion of an audio-video-photo player as well as a web browser to navigate, download, play and chat on the Internet. In addition there's a 60GB hard disk for content storage, plus Ethernet, Wi-Fi and Bluetooth connectivity, and four USB interfaces allowing connection of external hard-disk storage and USB accessories such as keyboards."
Well we knew it wouldn't last forever. Sony has just confirmed with GamePro that they have run out of 60GB PS3s in their warehouses -- the only 60GB units left are ones that are in the retail channel now. This means that if you want a $499 PS3 with full backwards compatibility, you better hit up the shops soon.
Sony has responded to this month's NPD reports on sales. "We were obviously very pleased to see that PS3 sales increased with 159K units sold at retail for the month of July, which puts us up 61% over June numbers." Impressive! Although the PS3 didn't outsell the Xbox 360, it got close (the Xbox 360 sold 180k).

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