Given that the console's Nvidia tech-based RSX "Reality Synthesizer" graphics chip is more powerful than two GeForce 6800 Ultra video cards, which retail for around $1,000 by themselves, many suspected the console will cost as least as much as a medium-end gaming PC.
It now appears that Sony may opt for a compromise price-wise, according to the Mainichi Daily News. An article that ran on the Japanese newspaper's Web site said that the PlayStation 3 could potentially sell for under $500. "The new machine, which will have a higher performance capacity than personal computers and provide sophisticated movie-quality images, will be priced at less than 50,000 yen each, according to [Sony] officials," said the paper.
At today's exchange rate, 50,000 yen is $465.58--more than the $299 many expect the Xbox 360 to sell for, but less than the $699 to $799 PS3 price tag many had feared.
http://www.gamespot.com/news/2005/05/18 ... 25423.html