http://www.gamespot.com/news/2005/05/18/news_6125423.html
"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"
I think they're going to have to do better then that if the xbox360 comes out at $299
"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"
I think they're going to have to do better then that if the xbox360 comes out at $299