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Sony PlayStation 3 to remain the most expensive Video Game Console

A high-ranking executive from Sony Computer Entertainment Europe denied in an interview

a price-cut on PlayStation 3 game console in the short- and mid-terms citing necessities to demonstrate profitability of the video game console maker. As a result, the console will remain the most expensive on the market amid global economic crisis and reduction of spending.

Earlier this year an analyst said that after generally slow first quarter Sony Computer Entertainment Inc. will reduce the price of the entry-level PS3 to $299, which is just $50 higher than the price of Nintendo Wii and is inline with the cost of Microsoft Xbox 360 60GB console.

The price-cut should boost popularity of the PS3, which retails for $399 today, among consumers who are cutting down their spending because of gloomy economic outlook. However, considering the fact that each PS3 video game machine still costs $448 to build despite of the official price tag of $399, the manufacturer is losing money on every unit sold and Sony claims it needs to secure itself from further losses

I got for myself Sony PlayStation 3 (60GB). The high-end Sony PlayStation 3's larger hard drive and ability to play PS2 games makes it a worthwhile alternative to the cheaper model--so long as you're willing to wait several months for the more promising exclusive titles to hit store shelves. If backward compatibility is your top priority, this hard-to-find model may be worth the search.


The overall graphical product of the PS3 is far behind what the Spec sheet has eluded to. I think that they put far to much into the console at a far too early stage of the console wars. And has not produced enough to cover the cost of parts invested in the system.

The technology that was invested does not produce the experience that it suggests. Far too much was put into the system that produces much of the same gaming experience as the 360.

This is the real reason that the $price$ for the PS3 will always be more than competitors. And unfortunately you wont be paying for a far better experience than the 360.

I enjoy both consoles very much, but overall I think that the Sony jumped the gun a bit. But hey these console wars will be over as soon as the next begins.... Can't wait.

Sony PlayStation 3 to remain the most expensive Video Game Console

By: ZUNTY
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