The 60GB PlayStation 3 will cost €425 when it is released in the UK on November 17th.
The announcement came from Ray Maguire, Managing Director of Sony Computer Entertainment UK. He claimed the price was a “bargain”, especially in comparison to standalone Blu-ray players which will retail for £600-£700.
“I don’t think it’s an expensive machine; I think actually, it’s probably a cheap machine,” said Maguire, echoing the words of Ken Kutaragi (Nintendo’s chairman). It sems that the word “cheap” is a commony used term in video game consoles these days.
Interestingly, no reference was made to 20GB model, which does not feature an HDMI port, memory card reader or Wi-Fi built in. This could confirm rumours that suggested the UK may not even be offered the lower spec model.
On the other hand, Xbox 360′s premium system is currently priced at an RRP of £279, making the PS3 a hefty Ã‚Â£146 more expensive. Things could get worrse if Microsoft goes ahead with a predicted price drop.
Hopefully this will mean retailers begin taking preorders. And yet, preorders may not begin until Sony can confirm how many units they will ship at launch.