PlayStation 3 price is not the highest
Sony has recently unveiled its plan to release the new PlayStation 3. It is priced at a whopping $499 and $599 for the base and ramped-up versions of PlayStation 3 respectively. It is the price that is worrying both the gamers and critics alike. There is a serious concern that the price of the PlayStation 3 would be detrimental in the sales of the new console. It is widely said that the PlayStation 3 is the most advanced gaming console, but is it the most expensive too?
No, it is not, according to statistics, the console JDO, costing $700 was the costliest console ever. There can be two comparisons, one based on the actual cost and one based on the relative cost. In both the categories PlayStation 3 comes in the top five. The interesting thing to be noted here is all the high priced consoles have fared poorly in the market, in fact were big failures. All the high priced consoles, which included JDO, Neo Geo, CD1, and Saturn were good consoles but they lost out to their lower priced competitors. Experts say the same will not happen with PlayStation 3 because none of the high-priced consoles had a predecessor like the PlayStation 2.
What will happen to the high-priced PlayStation 3? Will it have the same fate as the other consoles or will PlayStation be an exception? We will have to wait and see.