pixelbomb

Sony has revealed that their much anticipated PlayStation 3 console will debut at a whopping $499, about $100 more than the top of the line Xbox 360. The higher priced model, which includes a larger hard drive, will sell for $599.

Paul Jackson, a video game industry analyst with Forrester Research, said the price of the PlayStation would put Sony at a competitive disadvantage to Microsoft. The consoles will sell out at first because of the cult of PlayStation users, he said. But after that, he said, prices will have to come down quickly.

At its announcement, Sony executives tried to make the case that the PlayStation 3 would be the most advanced game system to date, with enough features to justify its price.

Some of the game players, analysts and journalists gathered at the news conference said they were not convinced.

Sony plans to start shipping the consoles in November; so a lot can still happen between now and then…

[via NY Times]

This entry was posted on Tuesday, May 9th, 2006 at 9:13 am and is tagged with sony, tech. You can discuss this entry, share pictures, and more in the pixelbomb forums. Responses are currently closed, but you can click here to generate a trackback url for your own site.