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Sony cuts PS3 sales target by 1.5 million for FY

According to this, Sony's dropped it's 07/08 PS3 hardware sales target from 11 million to 9.5 million, citing a slow start to the machine's life-cycle as a reason. The news comes as part of the freshly released Q3 financial report.

"On the other hand, Sony said it was raising its PlayStation Portable sales target for the current business year to 13 million units from 10 million," said the Reuters story.

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