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=== ''Slim'' model === Following months of speculation, Sony officially unveiled the "Slim" hardware revision (model CECH-2000) on August 18, 2009, during its [[Gamescom]] press conference,<ref name="PS3SlimPressRelease">{{cite news |date=August 18, 2009 |title=Entertainment on PS3 has a new look |url=http://uk.playstation.com/games-media/news/articles/detail/item229653/Entertainment-on-PS3-has-a-new-look/ |url-status=live |archive-url=https://web.archive.org/web/20090821173909/http://uk.playstation.com/games-media/news/articles/detail/item229653/Entertainment-on-PS3-has-a-new-look/ |archive-date=August 21, 2009 |access-date=August 18, 2009 |publisher=PlayStation UK}}</ref><ref name="PS3Slim">{{cite news |date=August 18, 2009 |title=Sony Announces Slim PS3 – It Lives This September! |url=http://kotaku.com/5339968/ |url-status=live |archive-url=https://web.archive.org/web/20090821080924/http://kotaku.com/5339968/ |archive-date=August 21, 2009 |access-date=August 18, 2009 |work=Kotaku}}</ref> and it was released in major territories by September 2009. This model featured a significantly slimmer and lighter chassis, reduced power consumption, and a quieter cooling system. These improvements were made possible in part by transitioning to smaller fabrication processes for the system's CPU and GPU.<ref name="ArsTechnicaInterview">{{cite web |date=August 18, 2009 |title=Sony answers our questions about the new PlayStation 3 |url=https://arstechnica.com/gaming/news/2009/08/sony-answers-our-questions-about-the-new-playstation-3.ars |url-status=live |archive-url=https://web.archive.org/web/20090820035753/http://arstechnica.com/gaming/news/2009/08/sony-answers-our-questions-about-the-new-playstation-3.ars |archive-date=August 20, 2009 |access-date=August 19, 2009 |website=Ars Technica}}</ref> The manufacturing changes reportedly reduced production costs by about 70 percent.<ref name="GameSpot2009Cost">{{cite web |last=Thorsen |first=Tor |date=2009-08-05 |title=PS3 manufacturing costs down around 70% |url=https://www.gamespot.com/articles/ps3-manufacturing-costs-down-around-70/1100-6214569/ |website=GameSpot}}</ref> Nevertheless, due to the console’s simultaneous price reduction to US$299, Sony was still estimated to be losing around US$37 per unit at launch,<ref>{{Cite web |last=Terdiman |first=Daniel |date=2009-12-11 |title=Report: PS3 design cost finally nearing break-even |url=https://www.cnet.com/news/report-ps3-design-cost-finally-nearing-break-even/ |url-status=dead |archive-url=https://web.archive.org/web/20140925191956/https://www.cnet.com/news/report-ps3-design-cost-finally-nearing-break-even/ |archive-date=2014-09-25 |access-date=2025-04-20 |website=CNET}}</ref> with losses per unit reduced to approximately US$18 by early 2010.<ref>{{Cite web |last=Reisinger |first=Don |date=2010-02-05 |title=Sony still losing on every PlayStation 3 it sells |url=https://www.cnet.com/home/smart-home/sony-still-losing-on-every-playstation-3-it-sells/ |access-date=2025-04-20 |website=CNET |language=en}}</ref>
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