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Playstation 3 to cost up to $700?

Analysts and developers of the Playstation 3 are expecting the cost of the new system to be anywhere between $399 and $700. While the estimated prices varied, the most common response in a poll by CNNMoney was that a launch price of $499 would be most likely.

ps3 cost

In the report, Chris Morris spoke to a number of analysts and developers (under anonymity) and only one predicted the PS3 would go sale for $399 – the amount the Xbox 360 was released for throughout North America.

P.J. McNealy, from American Technology Research, agreed with the majority.

“[Sony] could now consider launching its Playstation 3 at a price range of $399 to $499, with the $499 price point more likely,”

he told clients.

Sony refused to speculate on the matter and dismissed it as rumor.

Last month however, President of Sony Computer Entertainment, Ken Kutargi, revealed that he did not believe price would be an issue and that people would be willing to pay top dollar for the home-entertainment console. His comments could indicate that Sony have been planning to release the PS3 at a higher price than expected.

kutaragi

“Whether consumers think a product is expensive or cheap all depends on the balance between its appeal and price. Our ideal [for the PS3] is for consumers to think to themselves, ‘OK, I’ll work more hours and buy it.’ We want people to feel that they want it, no matter what…

I’m confident that the PS3 is a product that people will definitely want,”

he said.

It was originally predicted by Merrill Lynch Japan Securities that the cost at launch of the Sony’s next-gen console would be $399 but expectations have since been raised by most critics, partly due to the announcement at the CES that stand alone Blu-ray players would go on shelves for over $1000.

The Pioneer BDP-HD1 Blu-ray player is set to be priced at around $1800 on its own.

It is hard to imagine that with a Blu-ray player and its other pricey features, such as the Hard drive, Cell processor and nVidia graphics chip, the Playstation 3 will be able to launch for the same price that Microsoft’s Xbox 360 was.

Discuss the expected cost of the Playstation 3 in the forum!

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30 Comments »

  1. January 12, 2006 @ 5:45 pm

    Jesus Escobar A.K.A. RAIN Said,

    man, the price of this “system” is so outrages. not to diss the creators or anything but if i have to pay over $499 for the darn thing i’ll just stick [...] more

  2. January 12, 2006 @ 5:55 pm

    GameMaster Said,

    Hey since I’m a hardcore Playstation fan I’ll still buy it for 700 bucks. Cause I think that evreyone knows by now that its worth evreypenny in your w [...] more

  3. January 12, 2006 @ 6:26 pm

    Thomas Furgason Said,

    i will do any thing to get one of them ok… i think its going to be one of the best systems out there if not the best ok… so ya ill pay 700 o [...] more

  4. January 13, 2006 @ 5:17 pm

    GameMaster Said,

    I agree with Tomas all the way on what he said rearding he’ll buy it regardless of price so will I. And no one can stop me Bwhahahahah. lol :p :p. Plu [...] more

  5. January 14, 2006 @ 1:41 pm

    Shane Trammell Said,

    It does not matter the units cost to make, sony will sell them at 399-499 and take a loss. they will make the money back on software, late life span u [...] more

  6. January 14, 2006 @ 7:48 pm

    mike Said,

    the ps2 cost 700 when it first came out wut r u talking about

  7. January 16, 2006 @ 5:51 pm

    eddy Said,

    wow 700$ im saving money for ps3 but i didn’t even know it cost that much but im still geting it

  8. January 25, 2006 @ 8:21 pm

    Joe Momma Said,

    Even if the ps3 is 700 bucks itll go down in time so ill just wait till it goes down to $500-400,I can wait.Ya an hes a retard for sayig it was 700

  9. January 26, 2006 @ 2:22 am

    Gamer Said,

    Did anyone consider the cost of the games? I am only going to get the ps3 if the price is $500-700. From the supercomputer like performence of ps3 i g [...] more

  10. January 27, 2006 @ 11:10 pm

    sebastian tutt Said,

    Whats your for sure prediction of the price of the PS3 and what date is it going to be released write back as soon as possible.

  11. January 27, 2006 @ 11:19 pm

    sebastian tutt Said,

    Hopefully the cost of it is like around 400-500 becuase it’ll take a while for me to make that money and whatever the price is i’m still going to get [...] more

  12. January 30, 2006 @ 6:57 am

    francis del rosario Said,

    i think selling the ps3 that cost 700bucks would not be fun i’m from philippines and there’s a lot of gamer waiting for the ps3

  13. January 30, 2006 @ 10:50 am

    Madd Hatter Said,

    Hello Hello, First Off The $700 Was Pulled Out Of Your @$$ For Both The PS2 & PS3. Also Maybe You Should Check The Site You Posted This Report On [...] more

  14. February 6, 2006 @ 9:44 am

    Serious Gamer Said,

    First of all, you want all the business you can get on your new product especially with other competitions around, and by having a rediculous price to [...] more

  15. February 27, 2006 @ 1:52 pm

    alex Said,

    With all the features the ps3 is going to have $700 isn’t bad. Getting a high performance computer costs anywhere from $3,000-$6,000. It’s worth it.

  16. June 4, 2006 @ 10:57 am

    shut up Said,

    who said it will cost $700

  17. August 6, 2006 @ 7:24 pm

    sucky Said,

    Jesus thats alot for the new ps3 i’m not going over 199.99

  18. August 6, 2006 @ 7:26 pm

    bigboy got a big pepe Said,

    ohman i only have 1 dollaaaa and i’m a jamacan

  19. November 15, 2006 @ 10:35 am

    mohammed pandor Said,

    i am getting the 60 GB ps3 which is from dubai but one complaint no original web for it and it is quite expensive $599 HAHA! Anyway i am getting it b [...] more

  20. March 12, 2007 @ 11:28 am

    Ammad Said,

    I would like to Have a PS3 On My Birthday.My Birthday is on 26 March.It will be lanched on UAE on 22 march.I was wondering that how much cost will be [...] more

  21. September 1, 2007 @ 9:56 am

    G Said,

    will a ps3 from duabi work in europe with the games we can get in england cos i wanna buy one from dubai but not sure if any games i buy in england wi [...] more

  22. April 7, 2008 @ 9:29 am

    samatar Said,

    am in Africa, in some country known as Rwanda and i want to know if a purchased ps3 from dubai can play any cd’s i get?

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