PS3 News: $500 for the PS3?

$500 for the PS3?

Now that that Xbox 360 has hit stores at $399, speculation is rampant as to what the PlayStation 3's price point will be. CNNMoney.com just posted an article in which they quote various developers and analysts who say the system may debut at a whopping $500.

The biggest reason for the high price tag is the inclusion of a Blu-Ray drive, which currently runs $1,800 for a standalone player. Certainly getting a Blu-Ray player for $500 looks to be a good deal, but nobody is sure what the market for HD-DVD is going to be, so Sony might be forcing technology on people that don't really want it. There's also no guarantee that Sony's proprietary format will become the HD standard either.

Sony's official statement on the whole pricing matter is "We haven't made an official announcement about pricing yet. At this point, that's all speculation."

Lest you think people are in agreement on the $500 tag, the prices thrown out there by developers ranged from $399 to $700. Keep in mind that none of these types of articles came anywhere close to predicting the actual cost of the PSP before it came out, so it's all just speculation until Sony makes an official announcement.

1/13/2006 Aaron Thomas

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