It's time to get used to the fact that PS3 is going to cost exactly as it does now for at least a year and a half. Sony Computer Entertainment America Chief Jack Tretton broke the bad news in the latest issue of Game Informer.
He was asked directly whether PS3 price drops would be "as soon or as drastic as they were for the PlayStation 2," and Tretton responded with a heartbreaking, "No."
The gang at Joystiq did some number crunching to figure out how long it would be before a price cut. Here's their sobering findings:
For reference, the PS2 was reduced from $299 to $199 in the United States on May 14, 2002, 565 days after the Oct. 20, 2000 release date. Using this data and Tretton's above answer, we can expect that the PS3 won't come down in price until at least June 4, 2008.
Of course, Sony would be foolish to even talk about price cuts at the moment -- it would only motivate consumers to hold off on purchasing a console. We think it's going to all depend on the thing that matters most...sales. Besides, as we all know, PS3 is relatively cheap compared to Xbox 360 or a Blu-ray player.
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