Price vs Performance of PlayStation 3

PlayStation 3

Sony announced the release date and prices for its much awaited PlayStation 3 video game console in May 2006 at the E3 conference in Los Angeles. The PlayStation 3 will be released on 11th November in Japan, 17th November in North America and will be available in Europe early next year. The PlayStation 3’s base model will cost $499 and an enhanced model will cost $599, substantially higher than its main competitors Microsoft’s Xbox 360 and Nintendo’s Wii. The PlayStation 3 has features like, a 20GB upgradeable Hard Disk, a Blu-Ray Drive, HDMI Port and many more, making it one of the most advanced gaming consoles ever made. But do these features justify the high price of the PlayStation3?

According to Sony, the high prices are justified but gamers are not convinced. Gaming community consider that, from whatever they have seen, the PlayStation 3 has not lived up to its expectations. Consoles are made for playing games and this version of PlayStation 3 doesn’t have many exciting games lined up. Even the much-hyped hardware is not as good as it should be. One of the PlayStation 3’s main marketing weapon, the Blu-Ray Drive according to critics, gives you images like a normal DVD player, nothing fancy. The gamers do have their doubts in mind, but will this actually have an impact on the sales of PlayStation 3. That has to be seen.

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