Sony: "NGP dev budgets close to PSP"

[Linkasf]

RolStoppable said:

That's a misleading title. He says "closer to PSP than PS3", not "close to PSP". Quick example with rough numbers:

AAA development for the PSP: $5 million.

For the PS3: $20 million.

Now the actual development costs for AAA titles on the NGP could be between $10-12 million and the statement would still be true. However, this isn't close to PSP budgets as the number is at least twice as high.

I don't claim to know the exact numbers, but it's worth pointing out how broad of a statement that is from Michael Denny.

That's what I thought of as well.