PS3 manufacturing costs down 70 percent? Strange, it doesn't feel that way

We understand that Sony has a long way to go in making up the losses it's incurred by selling the PS3 at a loss -- even if it was commanding the highest price in the industry the whole while -- but if this latest word on manufacturing costs is correct, we'd say Sony has some room to get the console under that dastardly $400 mark. During an overseas call with investors over Sony's Q1 financials, Nobuyuki Oneda, Sony's CFO and Executive VP, apparently stated that manufacturing costs for the PS3 are down 70 percent, which is right "on schedule." While there's no official cost published by Sony, those in the know estimate the console originally cost around $800 to produce, and should be down to roughly $240 at this point. Maybe a holiday price cut is in the cards? Boy, we sure hope so. Either that, or he's already spouting off the PS3 Slim's production cost, which is a win for everybody.

[Via Joystiq]

[ChiTownRuler23 Posted Aug 2nd 2009 1:59AM]

good to hear maybe my cheap ass friends will get one soon, i got my 60GB PS3 last november for $400 and it came with 2 dualshock3's a blue tooth remote and a HDMI cable.

[(Unverified) Posted Aug 2nd 2009 6:41PM]

Paul Miller... you are another spoiled, nerd brat in a society of your kin... we have a fucken media server on steroids here and you want to pay pennies for it? 400 for a full computer, awesome gaming rig, plus browser, etc... ? That is a flippin great price... These companies, even if they make more profits, grease the the gears of innovation and this leads to better playstations down the road for you greasy nerds... sucks that you also fell down the well of nerd entitlement... just remember how much a computer cost 10 years ago, yes the man costs have come down, but value costs money and we can't have dumbasses like you complaining all the time. Go look at some porn and be happy.

[(Unverified) Posted Aug 2nd 2009 6:47PM]

when will there be a price cut i need it now!

[zuke Posted Aug 3rd 2009 12:57AM]

Lower the price and add back in backwards compatibility and I'm in for one. It's not rocket science! Sony stubborness up to this point has cost them tens of millions. Ridiculous!

[Shmunt Posted Aug 3rd 2009 3:53PM]

I think they are going to want to recoup some of the money they lost/losing and maybe they'll cut the price NEXT SUMMER!

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