Sony: PS3 to be expensive, and 10 year life cycle

Posted on July 26, 2005 - 01:13 CEST by Thomas De Maesschalck

Sony's president Ken Kutaragi disclosed some more details regarding the PlayStation 3 at the PlayStation Meeting in Japan. He started his speech with the announcement that the PS3 will be fully backwards-compatible with the PS and PS2 consoles and that it will support HDTVs.

He also warned that the PlayStation 3 will be expensive, but refused to disclose a retail price. Another surprise is that Sony states the PlayStation 3 will have a life cycle of 10 years.

He also shared some details regarding the sales of the PS2 which hit 91.62 million as of July 20. Read more at CNET

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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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Sony: PS3 to be expensive, and 10 year life cycle

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