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Thursday, July 21, 2005

Kutaragi: Playstation 3 will be expensive

Kutaragi: Playstation 3 will be expensive

"In an AP article, Ken Kutaragi, President and CEO, Sony Computer Entertainment, reiterated the high retail cost of the company's next-generation console, Playstation 3.

'It will be expensive,' Kutaragi said during a strategy event held today in Japan.

The Playstation 3 will include several costly components, including the state-of-the-art Cell CPU co-developed by IBM, Toshiba, and Sony, a custom GPU by Nvidia, and Blu-ray disc technology to read next-generation DVD formats.


Analysts expect the Playstation 3 to cost around $500 to manufacture, with the retail price set at around $399. The Xbox 360 is expected to cost around the same as the original Xbox, at around $299.

Next-generation games will cost $10-20 more than today's retail games. Video game retailers EB Games list PS3 and Xbox 360 games at a retail price of $59.99."

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