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foxtail said:

With slowing sales PS1 also had to cut its price to clearence-like pricing (MSRP $49/£49) to get it's last ~13 Million sold.  

Without it's official $49/£49 price points the PS1 likely would not have crossed the 100M mark before the end.


While the PS3 won't be able to reach a price this low, it still is sold for US$ 200. There is plenty of room to cut the price, at least until 100 bucks. Its sucessor is also more expensive. During the PS1 final years, a PS2 was most likely costing 150 dollars, so it had to be cheaper. The PS4 still is sold for 400 dollars, so a 100 bucks PS3 is similarly priced. The PS3 also isn't yet with a good pricing on developing market. One PS3 on Brazil costs R$ 800, while both the PS1 and PS2 had their final years with prices lower than R$ 400 (R$ 3,10 = US$ 1,00).

We can also assume that this gen can be as long as the previous one, so the PS3 would have many more years on the market.