Analyst: Cheap PS3 Identical to Costly 360. Price Similar to PSOne

***wraggster*** · August 25th, 2006, 16:14

To date, Michael Pachter, analyst at Wedbush Morgan Securities, has made some of the juicier comments on the emerging PlayStation 3 to come from the financial sector, claiming that in real-terms, the PlayStation 3 shares much of its commercial DNA with the Xbox 360.

"PS3 will sell out at $499. It may sound like a lot of money but is certainly not significantly more in inflation-adjusted dollars than the PS1 at $300 in 1995. The "cheap" PS3 and the "expensive" 360 are identical in all respects, save for the Blu-ray drive. Both have similar processors, 20GB hard drives, and DVI cable interfaces that will support 720p high definition," Pacter told Gamespot.

Indeed, Pacter believes the only difference lies in the pricing options for the consoles' high-definition movie platforms. "The difference in price is $100, so if you like Sony more and want a relatively inexpensive option to buy into high-definition movies, the cost is probably justified. In other words, consumers will compare the $499 PS3 to the $399 Xbox 360 and will likely decide based upon the potential selection of software (Japanese, US, and European for Sony, US and European for Microsoft), plus their assessment of the likely winner in the format war. If Blu-ray is the standard, the price differential will hold."

**ACID** · August 25th, 2006, 17:14

Wow so we will be able to play blue ray movies with the PS3 if so 500 usd is cheap

**Video_freak** · August 25th, 2006, 17:17

It's pretty cheap, but still way to much for me! I'm probably going to go with HD-DVD because it's cheaper and Sony always looses the format wars.

**ACID** · August 25th, 2006, 17:18

It is cheaper but you cant play ps3 games.

**Video_freak** · August 25th, 2006, 17:20

Originally Posted by Acidburn05

It is cheaper but you cant play ps3 games.

That's the only thing.
I would be the 360 for:
-HD-DVD
-Better controller
-XBox Live
-Halo 3
-Cheaper
The only thing missing is PS3 games. If Sony does as bad with commercial releases on the PS3 as they did on the PSP, it's 360 all the way!

**ACID** · August 25th, 2006, 17:23

But that will never happen. And the pure fact that at launch they will have as many games as the Xbox 360 does in over a year tells you who is the one to beat. From what i see there are like 6 big name releases for the WII also making it 6 more then the 360. LOL

**Video_freak** · August 25th, 2006, 17:24

That's an impressive arguement Acidburn. Let me counter (it's not really a counter but w/e) by saying that I'm getting a Wii for sure, then either waiting for a PS3 price cut or I'm getting a 360.