If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

PS3 price rumours start

Japanese paper kicks it all off.

And so it begins. Just days after the PlayStation 3 was unveiled for the first time at Sony's pre-E3 press conference, Japanese newspaper Mainichi Shimbum claims the company has offered the first hint as to a price point.

According to the May 17 article, Sony officials told the paper that the PS3 will go on sale in Japan with a launch price of “less than 50,000 yen” - approximately $465 or £255 at current exchange rates.

But thanks to good old rip-off Britain, that means we could expect to pay upwards of £400 for our shiny new machine - making it one of the most expensive consoles ever launched in the UK.

Last year industry analysts Wedbush Morgan Securities suggested a PS3 price point of $500, arguing that added media functions - such as TiVO-style capabilities and a DVD burner - could push up the cost. Erm, except Sony announced no such functions at its press conference on Monday.

Microsoft is also keeping tight-lipped regarding a price for the Xbox 360, but analysts have speculated that it will launch somewhere around the $400 mark. Nintendo's Revolution console, a much lower-spec machine than the PS3 and 360, is expected to carry a much lower price tag accordingly.

Topics in this article

Follow topics and we'll email you when we publish something new about them.  Manage your notification settings .

About the Author
Ellie Gibson avatar

Ellie Gibson


Ellie spent nearly a decade working at Eurogamer, specialising in hard-hitting executive interviews and nob jokes. These days she does a comedy show and podcast. She pops back now and again to write the odd article and steal our biscuits.

Eurogamer.net logo

Buy things with globes on them

And other lovely Eurogamer merch in our official store!

Explore our store
Eurogamer.net Merch