A $500 PlayStation 3? Not so fast…
You gotta take these things with a grain of salt since it's common tactic for research firms to try and drum up business for themselves by releasing sensationalistic reports, but Wedbrush Morgan Securities just released a new report which claims that the PlayStation 3 is going to cost upwards of $500. They argue that Sony is going to put a bunch of extra features in there like a DVD burner, a hard drive for recording TV shows, and other digital entertainment hub functions that the price will inevitably have to get jacked up for them to cover their costs. Now Sony is already doing something similar with the PSX (pictured at right), a souped up version of the PS2 that can do all that stuff, so it follows that they'd do the same thing and have a basic $300 PS3 that just plays games and a home media version that costs a lot more, right? Doesn't sound like Wedbrush Morgan bothered to consider this possibility — it's probably just easier publish an alarmist report that the PS3 is gonna have a five hundred dollar price tag.
