Sony PlayStation 3 may cost $500

Posted on Tuesday, Jan 17 2006 @ 02:54 CET by Thomas De Maesschalck
CNN reports analysts and game developers suspect the Sony PlayStation 3 console may have a $500 price tag.
Sony hasn't commented on specific pricing figures, though Ken Kutaragi, president of Sony Consumer Entertainment, reportedly told attendees of a 2005 corporate meeting "it'll be expensive." Analysts and many video game developers, though, suspect the system may debut with a price tag reaching nearly $500.

"[Sony] could now consider launching its PlayStation 3 at a price range of $399 to $499, with the $499 price point more likely," said American Technology Research's P.J. McNealy in a note to clients Monday.
The launch date of the PS3 isn't known yet but we do know it will be sometime in 2006. The $500 price tag makes it an expensive console, considering the Xbox 360 from Microsoft costs only $399. The main reason for the high price appears to be the inclusion of the Blu-ray drive. More details over here.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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