Monday 26 June 2006
Gamers will not mind paying a higher price for PlayStation 3 as they will be aware that they are paying for potential, according to Sony CEO Howard Stringer.
"Obviously, it's a higher risk strategy - as all new inventions are - but if PS3 lives up to its total potential then I don't think anyone will be worried about Nintendo or Xbox's cheaper price," Stringer told a Japanese press conference.
PS3 is likely to cost up to £425 when it is released in the UK in November, which is considerably more than the £150 price tag expected for Wii and the £280 needed to pick up an Xbox 360, but Sony remains confident that gamers will be prepared to pay the extra.
He then went on to ask the rhetorical question: "When you bring in new technology, do you go for a cheaper transitional product or do you take a chance on future-proof, higher technology which will keep you going for many, many years?" The answer for Sony is, of course, the latter, with Stringer taking the opportunity to have a pop at the 'transitional' Xbox 360.