Sony insists PlayStation 3 will be cheap

Japanese giant Sony has rushed to deny claims that its new PS3 console will cost as much as €499-599. The comments were made by Sony Computer Entertainment France boss Georges Fornay on a French radio station so it is a little hard to get out of it. But a spokesSony claimed that George had been mistranslated or misunderstood.

George was just chatting about the relative value of the PS3 as a Blu ray Disc player saying if it did come out at that price it would still be a good deal, the SpokesSony said.

the Inquirer - Sony insists Playstation 3 will be cheap

"He summarised by saying that PS3 would be expensive when one looked at the current price of a video games machine, at far below 500 Euros, but extremely good value when looking at the BD and HD technology inside," he concluded.

While Sharples’ clarification of Fornay’s comments doesn’t actually shed any new light on the question of PlayStation 3’s price point - the opposite, if anything - it does open up the possibility that the firm could be planning to introduce the console at a price lower than the 500 Euro / $500 mark.

Games Industry - Fornay’s comments not an indication of PS3 pricing - Sony