By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Price drop hopes are vanishing...

Sony Computer Entertainment Europe's David Reeves has said that he believes the PlayStation 3 will always demand the highest price in the home console market.

Speaking in an exclusive interview with our sister site Eurogamer.net, Reeves admitted that there is a possibility for a price cut on the luxury console – but no plans are in place due to the current economic downturn.

"I think it will, yes," said Reeves, when asked whether he would agree the PS3 will remain the most expensive console.

"I'm not saying there are going to be any price cuts at all in the short term or the medium term. I'm not saying we don't need to do it - we are expensive. It is possible that as the cost [of manufacturing] comes down, we will be able to do it.

http://www.gamesindustry.biz/articles/sony-ps3-will-remain-most-expensive-console-on-the-market

A luxury console???