PS3 to have same launch price as PS2?

  • By Staff, GameSpot
  • Posted May 24, 2005 1:37 pm PT

Report says Sony will price the PS3 under 40,000 yen, raising speculation that it might launch at the same price as its previous two consoles.

Last week, the Mainichi Daily News quoted Sony Computer Entertainment officials as saying the PlayStation 3 would be priced at under 50,000 yen ($465.58). Now it appears that the console may be even cheaper when it goes on sale next year.

Today, Japanese Web site Impress PC Watch reported that SCE has told its business partners that the PS3 will be under 40,000 yen ($370) at launch. The news has spurred speculation that the company might launch the machine with the same price it set for the PlayStation and PlayStation 2. Both machines were priced at 39,800 yen ($368) when they launched in 1994 and 2000, respectively.

Sony's PS3 will be competing with Microsoft's Xbox 360 and Nintendo's Revolution in the next-generation console wars. When it launched in Japan in 2002, Microsoft's current-generation Xbox was priced at 34,800 yen ($322). The company has been shaving down the console's cost since then, and it currently sells at 17,640 yen ($163).

Nintendo's GameCube made its debut in 2001 at 25,000 yen ($231)--the lowest launch price of the three current-generation home consoles. The GameCube continues to be the lowest priced console on the market, currently marked down to 14,000 yen ($130). Nintendo has never priced any of its past consoles higher than 25,000 yen at launch, which could well be the same case for the Revolution. During E3, Nintendo president Satoru Iwata stated that he hopes to "keep the Revolution at a price range that anyone can reach out for, and nothing as high as 50,000 yen ($463)."

11 Comments

  • jakeboudville

    Posted Aug 28, 2006 9:33 pm PT

    very interesting

  • EMH88

    Posted May 25, 2006 12:57 pm PT

    ROFLMAO crabs! they actually believed it.

  • okristian

    Posted May 25, 2006 12:53 pm PT

    this was too funny

  • UBglitch

    Posted May 25, 2006 12:49 pm PT

    that's sony for you.
    more like, thats fony for you!
    haha, i crack myself up

  • diggyzoom

    Posted May 25, 2006 12:41 pm PT

    $499 is under $500 ................ woo hoo ..................they were right

  • discreet2600

    Posted May 25, 2006 12:39 pm PT

    Holy crab cakes! That's super cheap! Sony always keept it's word too!

  • tahar_khan1

    Posted May 25, 2006 12:38 pm PT

    owned

  • boo_dat

    Posted Jan 25, 2006 2:04 am PT

    holy monkey! I live in Canada so that means I'll be getting my PS3, memory card, extra controller and first game for prolly $530...not bad considering I was expecting to pay $650 or more...I may as well hold out until the next gen GTA comes out...by then the PS3 should be down to $300 canadian....heh, maybe I'll be paying more like $450 by then...oh well, I can expect to have at least $2000 saved up for myself by then...not to mention my tution fees for film school...

  • Dark-Hero1991

    Posted Jan 20, 2006 10:23 am PT

    I might get 1 now.

  • Game-o_O

    Posted Jan 17, 2006 6:21 pm PT

    This needs to be re-posted in the news . [Update] scaring the trolls

  • Writeous

    Posted Jan 17, 2006 2:10 pm PT

    YES.. its cheap as hell.. the PS3 is well worth it

advertisement

Hot Stories

Newsmakers

Featured Stories

Submit News

Got tips? Send them in!