Chris Morris Believes PS3 Will Sell For $500

CNN's resident gamer Chris Morris is taking an educated guess at the possibly delayed PlayStation 3's price: Morris believes the system will sell for $500. based on various developers and analysts. The rumors have set a price range from as low as $400 to as high as $700
As Joystiq ponts out Chris Morris' article will be released to a mainstream audience, full of parents who might find the price tag a bit too expensive for their little hell raiser.
At a price tage of $500, Sonny will have to market their new console as more of a complete entertainment system rather than just simply a next gen console. At one point last year, based on manufacturing costs, some believed the PS3 would cost twice as much as the Xbox 360. For everyone’s sake, lets hope that rumor is false.
Source: PS3 News

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