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how much do you think the ps1 cost when released??

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In the UK I think it launched at £300, but it wasn't long before they dropped that price.



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scorptile said:

i wanna know what ps1 cost or what people thought it cost when it was released. after a week i will put up the actual price of the ps1 when it was released and it is from a buyers guide. back in 1994

 

Make sure you account for inflation.  $299 back in then does not equal $299 in 2009 dollars.

 

EDIT:

I went ahead and did all the math for you.  The PS1 launched in the US @ $299 (I had a launch PS1).  That $299 is roughly equivalent to $420 USD in 2008.



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Interesting Q, because this was brought up earlier this week. 1995 was an exciting year!

The original PlayStation cost between $350-$375 to build. At the time, consoles were not sold at a loss. The original PlayStation was launched on Dec 3, 1994 in Japan for (I believe) ~39,900 yen, which at the exchange rate then (according to a table at the federal reserve -- 100.1824:1) would have been ~$398 USD. This price point was what Sega targeted for the Saturn, which was announced to also be $399 in May '95 at E3. Note also that aside from announcing the Saturn's $399 launch price, Sega also announced there would be no 'Saturnday' launch event as scheduled. Instead, Sega floored the E3 attendees with news that the consoles were en route to stores and available for sale effective immediately. In response to Sega's bombshell, Sony announced 15 minutes after Sega was done with their unveil that the PlayStation would only be $299 when it hit the US in September of that year (4 months from the E3 convention). This surprise promise of a $299 NA launch stalled Sega's momentum. As a matter of fact, one of E3's most famous anecdotes is a Sony rep walking up to the podium at the conclusion of Sega's presentation, saying, "Two hundred and ninety-nine dollars," then turning around and walking back to his seat. He said nothing else.

Sony's competitors responded with threats of legal action if Sony carried through with the $299 price in North America on the grounds of 'dumping.' Dumping is producing a product in one country, then selling it to an overseas market at a different, lower price than your domestic price. When these rumors began to circulate, the PS price in Japan was immediately lowered by 10,000 yen ($299 USD), clearing the path for the $299 US launch. All of this was done specifically to bury the Saturn, which Sega couldn't afford to discount 25%, nor did Sega have the luxury of a one-year head start in Japan where the console at least turned a profit. Selling the console at a loss was unprecedented, but the strategy worked.

The colossal sales of the PlayStation not only buried the Saturn, but also the 3DO brand and the promised M2 successor, and the N64 too, which wouldn't even be released until a year later. The launch strategy worked so well, Sony duplicated it with the PS2. The PS2 launched first in Japan in March '00 for $399 and turned a profit initially on the first 3M units sold, then it was promptly cut to $299 to mirror the North American launch in Oct '00, at which point it was sold for a loss through the first 18 months.



£250, i think



I dunno how to do inflation rate but it was $399 CDN at launch.



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lestatdark said:
I think it was about 400 - 450 dollars, don't really remember since i just got my PS1 late in 1997

 

It would have been less than that.  Look at Sony's balance sheets from their entertainment back then -- Sony lost money the year the PS1 was launched, but that would be more likely due to costs associated with getting it up and going than the actual cost of the hardware.

I'm betting that when it launched, Sony made a small profit per unit.  That means it would have had to cost them $240 or less because they still have to pay for retail space (in terms of selling the unit to stores for under retail cost), they still have to ship across the world, they still need to upkeep warehouses, etc.

[edit] Sony dropped the cost of the Playstation $199 less than a year after their North American launch, in May of 1996.  And they were making a big profit.

In March of 1997, Sony dropped the price again to $149.

September 1995: $299

May 1996: $199

March 1997: $149

All the while Sony was making huge profits.  That would basically like the PS3 getting a price cut to $249 last April and making a huge profit for Sony.  What we're observing here is two things:

(1) The PS3 cost a lot more than the first Playstation to produce.  Sony took much larger losses

(2) Sony could not cut prices, even percentage wise, nearly as fast for the PS3.  Production costs are probably decreasing more slowly.

(3) These two points above will likely conspire to break the Playstation Brand's "10 year life span"



ok ive decided illl post the actual price at the end of the day according to the 1994 buyers guide EGM put out. so far i havent seen anyone come close yet. i will in fact post teh exact quote from teh magazine.



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oh dj i am talkin american release price. not cost to make.



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I think it cost like $1,000,000



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scorptile said:

ok ive decided illl post the actual price at the end of the day according to the 1994 buyers guide EGM put out. so far i havent seen anyone come close yet. i will in fact post teh exact quote from teh magazine.

 

 

http://www.scei.co.jp/corporate/data/bizdatausa_e.html

Playstation launched in the US on 9/9/1995 at the MSRP of $299.  I know this for a fact, I bought one on launch day.  Some stores were taking advantage of demand and raising the price to $399 or $499, but that doesnt change that the launch price was $299.

 



Bethesda's Todd Howard "if install base really mattered, we'd all make board games, because there are a lot of tables."

Feel free to add me ...

PSN ID - jedson328
XBL Gamertag - jedson328