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spurgeonryan said:

Rewind time to about a year and a half ago. The Vita launched at well over 200 dollars. Had a great launch line up and some pretty sick power and functions. It was largely ignored by the World.

The price is still the same in most areas and it has hurt the system alot. There are a decent amount of games now, but it is hard for some to justify buying a gaming handheld that cost about as much as a Wii U and a smart phone.

 

Now Sony has said it will not lose money on the PS4, and many rumors has it at astronomical prices. Do gamers want to pay 300-500 for consoles anymore? It worked with the PS2, but that was then. Now there are mobile devices, PC games, Steam, 360 and it's successor, and many other options.

So have they learned their lesson, or are we just getting a giant sized Vita that is bulging at the seems with its price point?

 

I do not know if it is smart to test gamers pockets like this after what happened with the Vita.

Didn't the PS3 start to really take off once the price actually came down to decent levels?

Have you read the statement by the CFO of Sony??? What was he referring to about the losses of the PS3? He was on about the development costs of the PS3 and specifically its bespoke arcitecture the Cell CPU. That cost a fortune to develop. They then had to invest a fortune in the fabrication process and factories. Money which Sony had to invest. This time round the development cost is a fraction of that. No money needed for the fabrication and building as a chinese or tiawanese company will handle the building and development was shared with AMD. Also the Blu Ray drive was a huge outlay too so again there will be massive savings there too! Sony will be prepared to lose about $50-100 on each console. Which at launch is nothing.

PS4 will come in at $399 or $450 max!