PlayStation 3 price: First rumors
If early reports are to be believed, the PS3 could retail for under $500 when it is released next year.
At the recent unveiling of the PS3, the question on every gamer’s lips was: how much will it cost? But Sony executives were keeping tight-lipped on the matter, refusing to reveal an approximate price for the console at the E3 press conference. Some feared the PS3′s price may be as much as $799, due to its high-tech RSX “Reality Synthesizer” graphics chip, as powerful as two GeForce 6800 Ultra video cards which retail for around $1000 each. But, according to Japanese newspaper Mainichi Daily News, “The new machine, which will have a higher performance capacity than personal computers and provide sophisticated movie-quality images, will be priced at less than 50,000 yen each, according to [Sony] officials.”
50,000 yen equates to approximately $465 at today’s exchange rates – still more than the $299 price point many are predicting for Microsoft’s Xbox 360. The pricing of Nintendo’s Revolution gaming console is still unclear, but many expect it to be less than both Sony and Microsoft’s products since it lacks many of the multimedia ‘bells and whistles’ of those systems.
It is also likely that the PS3′s price will be higher in the US than in Japan. The already-released PSP sells for $190 in Japan, whereas it retails for $249 in the US.
Here’s our bid in the PlayStation 3 price guessing game: we believe it will go on sale for US $349.