PS3 to go slim and light

Almost as soon as the 3.90 PSP firmware was released, it was cracked. It took the hackers a mammoth two days this time.

Despite the rumours of 120GB and 160GB PS3s Gamedaily.com spoke to a reliable Sony source to find out what's actually going on with the PS3 SKUs. According to the source the executive teams and product strategists are meeting this week in Japan and, "there are a lot of different strategies under consideration, but nothing is final yet."

However, T3 suggests that rumours of a 'slim and lite' Playstation 3 may have some foundation.

Sony's games division finally turned a profit last quarter, anno unced shortly after Microsoft's game division also reported a profitable period. Overall, Sony's profits rose 25 per cent for the quarter, but Sony also announced sales targets for the PS3 have been dropped from 11 million to 9.5 million units, citing a slow start, while increasing PSP projections to 13 million from 10 million as originally expected.