Sony's PSP To Launch For $500?

Some industry insiders are expecting Sonys PSP to cost $500. While others are expecting it to cost $299 to $349. Until Sony itself announces the price all we can do is guess based on what the PSP offers. Still Sony needs to price the PSP accordingly to Nintendos GameBoy which dominate the handheld market.

Some industry insiders think half a grand will be the price of the "21st Century Walkman"...

The most recent edition of Game Over, CNN Moneys gaming related editorial column, states that some industry insiders expect Sonys newly announced handheld, the PSP, to debut at a cost of $500. The article focuses on Sonys failure to release specifics regarding the super-hyped handheld, and a quote from Atari CEO Bruno Bonnell reflects the industrys frustration with the lack of information. "What about the breakable aspects of it? If it breaks, can you bring it back and get another one for free? What about the movie strategy? The wireless strategy? The MP3 downloading? We dont know. What about the connectivity issues? We dont know. What about the video output? We dont know."

While Bonnell hopes to learn more about Sonys plans for the PSP, hes got his own ideas regarding the systems price point. "$500 to start would be my guess." says Bonnell, a price point that is significantly higher than other industry analysts like Electronic Arts CEO Larry Probst who predicted a launch price between $199 and $249 back in January. Most analysts however think Sony will bridge the gap between the two expectations and deliver their next-generation handheld system somewhere in the neighborhood of $299 to $349.

News source: GameDAILY

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