PS3 sales half a million in India.

[sinha]

mike_intellivision said:
Maybe someone provided the monetary amount and it got assumed to be the number of consoles.

While I see half a million -- I don't see consoles or units or hardware attached to it -- except indirectly through context.

 

You're right: "PS3 has managed half a million since its launch late last year."

It doesn't specify units sold or dollars.

Aside from the straight up error explanation, this is the best answer I have seen yet.

That would be around 670 PS3s.




"The high cost of the console (it retails at Rs 29,990)"

Rs 30,000

Rs 40 = $1

So in India, a PS3 costs the equivalent of $750 US dollars.

India's real GDP per capita is $964, so a $750 PS3 would be 78% of that.

In the US, real GDP per capita is $39,700, so at $500 a 80GB PS3 would be 1.26% of that.

So a PS3 is essentially 62 times more expensive for the average Indian person, compared to the average American person buying the 80GB model.

So 670 PS3s to a country of 1.136 billion people is probably accurate. Think of it this way, around 3 million PSs have been sold in America. If they were ten times as expensive, or $5,000, clearly it would have sold under 1/10 as well (300,000) as it has. This is 62 times. And in fact it's still not the same because in India you have 33% of the population that can barely afford food, clothing, and shelter. Hell, there are only 60 million internet users in India, and most of those are dial up connections. What percentage of the population has TVs? What percentage has electricity?

I'm guessing aside from a few extremely wealthy kids, most of those are being sold to Indian software engineers who moved back home from the US and Europe.