Sony unveils PS3 pricing, availability Print E-mail
Written by Hans Straat: source www.news.com.com, Tuesday, 09 May 2006
Sony Computer Entertainment announced PlayStation 3 pricing and specific availability information and showed off the final version of the console's controller at a glitzy press conference held at Sony Pictures Studios here Monday.

The PS3 will come in two configurations: one version with a 60GB hard drive that will cost $599, and a second with a 20GB hard drive that will come in at $499, SCE President Kaz Hirai said.

Those prices are significantly higher than Microsoft's Xbox 360, which has two versions, one with a built-in hard drive that costs $399 and another with no hard drive that retails for $299.

In an interview with CNET News.com on Friday, SCE Executive Vice President and co-Chief Operating Officer Jack Tretton said, effectively, that the company thinks consumers will pay whatever the next-generation console costs.

"People are going to perceive enough value" with the PS3, Tretton said, "that they're not going to consider the price to be a barrier to entry."

The PS3 is certainly a big technological leap over its best-selling PlayStation 2, which Sony said Monday had recently topped 103 million units sold.

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