The PS2 first launched in the US in October 2000 at a price point of $299. Its price was reduced by $100 by Sony in May 2002, which, according to Tretton, means that the first PS3 price drop won’t arrive until late summer 2008 at the earliest.
Tretton also stated that demand for the PS3 means that consumers will be willing to pay over the odds at launch.
“I think the consumers that get their hands on a PlayStation 3 clearly see the value and not only want to buy one for $599, in some instances they’re willing to pay ridiculous prices on eBay,” he said.
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