Makes sense considering consoles are priced so high in Brazil. The Wii launched at over $1,000 US dollars in Brazil.
"The stores will be charging R$2,399 which translates to around $1,124 or £590"
http://www.nintendolife.com/news/2006/11/brazilian_wii_to_cost_over_usd1100
_____________________________________________________________________________________________________________________________
"Today the 120GB PlayStation 3 Slim goes on sale at Sony Style stores around the country for 1,999 Brazil Reais, which at current exchange rates equals approximately $1,130. Pretty steep, but it could have been worse.
According to Anderson Gracias, division manager of Sony PlayStation Brazil, the original price was to be 2,499 Brazil Reais, or $1,408. In order to stay competitive with the Xbox 360, which sells for R $999 to R $1,599 in the country, Sony is subsidizing part of the cost."
http://kotaku.com/5610337/the-playstation-3-launches-in-incredibly-expensive-brazil
This article surprised me though considering I thought the PS3 launch price was going to be huge. Sony however subsidized the price. What I find interesting is that the original price was going to be R 2,499 while the Wii launched at R 2,399. Wii US launch -250 ; PS3 US launch - 499/599
