Kaz Hirai, head of all things PlayStation announced that the long-rumoured slim PlayStation 3 Slim will be in stores the first week of September.
Hirai noted that it will be have the same features and function of the current PS3, with a 120 gb drive. It will be 33 percent smaller, 36 percent lighter.
The unit will cost $US299 in the US, 299 euros, 29980 yen.
Sony's next major gaming press event is Tokyo Game Show, which begins in late September.