PS3 Might Be Too Costly For Europeans

PlayStation 3 (PS3) isn’t even here yet and won’t be until November 2006 (maybe) but it already looks like the days of owning more than one gaming console is coming to an end. George Fornay, president of Sony Computer Entertainment France and vice president of Sony Computer Entertainment Europe will be priced between €499 and €599.

Via GameTab

Strict currency translation suggests that American pricing may be in the range of US $605 to $726, but currency exchange alone can’t tell the story. Case in point: the Xbox 360. In the United States, the Xbox 360 retails for $399, which is only €320 in exchange. Yet the Xbox 360 is priced at €399 throughout most of Europe.

If the PlayStation 3 follows the Xbox 360, the console may arrive in North America for US $499 to $599. This would easily make the PS3 the most expensive console on the market, with Microsoft’s two next-gen systems coming in at $399 and $299. To round out the scene, recall that Nintendo is looking to launch the Revolution for less than $300.