PSVR Price Delivers Profit at Each Sale, Sony Exec Claims
Unlike the Oculus Rift, PS4's virtual reality headset will not sell at a loss at point of sale, a company rep suggests.
Each sale of a PlayStation VR will generate a profit for Sony, as opposed to a loss that was foreshadowed last year, if new comments from a PlayStation executive are to be believed.
Adam Boyes, a developer relations executive at PlayStation, was asked by Game Informer about the PSVR price in comparison to other virtual reality devices such as HTC Vive ($800) and Oculus Rift ($600).
The Last of Us Part 2's Violence Is Ruthlessly Cold Top New Game Releases On Switch, PS4, Xbox One, And PC This Month -- June 2020 Top New Video Game Releases On Switch, PS4, Xbox One, And PC This Week -- May 24-30, 2020 Sony Confirms PS5 Event For Next Week - GS News Update Remember When Xbox One ALMOST Lost the Console War? We Find The True Meaning Of Friendship In MK 11's Aftermath DLC | Potato Mode GameSpot Says Goodbye To The Lobby The Lobbies 2017 Alternative Game Of The Year Awards These Games Do Post-Release Content Right - The Lobby What Did 2017 Mean For Video Games? What Doom Means For Shooters On Nintendo Switch - The Lobby Star Wars Battlefront 2 Is An EA Disaster - The Lobby
"I think for us, we weren't really looking at the other guys," Boyes said.
"The same goes for the price point. It wasn't predicated on anyone else's prices. Obviously we need to make money on the unit, but we've been in the consumer electronics business for a long time, so our ability to source great, high quality parts is a big part of it."
Then, apparently after being asked directly whether each PSVR unit sells at a profit, Boyes confirmed this was the case.
"Every device we've sold since PlayStation 4 has been in the black," he added.
In November last year, the head of Sony games development, Shuhei Yoshida, claimed that the corporation was not looking to make a profit with each PSVR unit sold.
It is a common practice in the games hardware business to sell each console at a loss at point of sale, with a long-term plan to recoup those losses and make profit with software.
Due to a range of factors, from manufacturing costs to choice of parts, the Oculus Rift device will be sold at loss, despite retailing for $200 more than Sony's device.
Further Reading: All the PSVR News and Reaction
- PlayStation VR Release Date
- PlayStation VR Price
- $400 PlayStation VR Requires $60 PS4 Camera
- PlayStation VR Bundle With Camera and Controller Confirmed
- PSVR Price Delivers Profit at Each Sale, Sony Exec Claims
- All PlayStation VR Games Confirmed So Far
- All PS4 Games Can be Played in PlayStation VR
- Star Wars Battlefront Experience Coming to PlayStation VR
- Ubisoft announces Warewolf VR game
- Here's All the Game Devs Supporting PlayStation VR
- PlayStation VR Sold Out in Minutes on Amazon UK
- Oculus VR Founder Says $400 PlayStation VR Is "A Totally Fair Price"
- PlayStation VR Sales Could Hit 1.6 Million Units, Analyst Claims
Got a news tip or want to contact us directly? Email firstname.lastname@example.org