40GB PS3 preorders sell out on Amazon

Sony’s new 40GB PlayStation 3 sold out in advanced orders at retailer on Tuesday.

The new 40GB model, which includes a Blu-ray disc drive, built-in Wi-Fi, a wireless controller, and a copy of Spider-Man 3 on Blu-ray disc, will sell for $399 on November 2nd. In addition, the latest version lacks backwards compatibility with PS2 games, which was found in previous models including the 20GB, 60GB, and the limited compatibility in the 80GB.

Customers can receive an e-mail alert when the product returns to availability.

Sony last week announced the 40GB SKU in addition to a price cut of the 80GB by $100 to $499. In July it cut the price of the 60GB SKU to $499, where it will remain until all the stock is sold out.

The new retail strategy will likely spike sales of the hardware and help Sony overall this Holiday season.