PS3 Prices in Europe Revealed

fistfullast33l writes "Ars Technica is reporting that the VP of Sony Computer Entertainment Europe revealed pricing for the Playstation 3 on a French radio show today. From the article: '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 [euros] in exchange. Yet the Xbox 360 is priced at 399 [euros] throughout most of Europe.' The article goes on to speculate that 'the days of multi-console ownership may be coming to an end for many gamers' based on the Xbox 360 and the PS3 prices."

Comments

PlayStation 3 will sell for between E499 and E599

[tod_miller]

PlayStation 3 will sell for between EUR 499 and EUR 599...

There. I think that says it. The rest of the article that is about ps3 prices in europe talks about xbox prices in the US. wtf.

The European Prices

[mikeisme77]

For those too lazy to read TFA...

499 Euro - 599 Euro

Out of my price range...

Viva la Revolution!

Prices in Europe are/seem higher

[mocm]

because they usually include VAT (in Germany you can't advertise prices without including VAT) and you may also have a mandatory warranty period (2years in Germany) which some companies use as an argument to increase the price. That's why you often have differences to the simple currency conversion. Of course some companies just arbitrarily set a different price in Europe depending on what they think the market may yield.
Especially for CDs, DVDs and games the prices a arbitrary and they try to artificially seperate the markets via region codes and other such things.