Chris Kohler
Culture

AP: PS3 Only Fetching Middling Prices in Japan

The Associated Press has a story on how PlayStation 3 prices aren’t hitting the ridiculous heights that everyone assumed they would on Yahoo! Auctions in Japan: But some of the 4,000 PlayStation 3 consoles up for auction on Yahoo! Japan Wednesday were downright bargains. Some had game software thrown in with the machine, selling near […]

Ps3price

The Associated Press has a story on how PlayStation 3 prices aren't hitting the ridiculous heights that everyone assumed they would on Yahoo! Auctions in Japan:

But some of the 4,000 PlayStation 3 consoles up for auction on Yahoo!
Japan Wednesday were downright bargains. Some had game software thrown in with the machine, selling near the retail price of about 60,000 yen
(US$510; €400) for the more expensive model with a 60-gigabyte hard drive, and 50,000 yen (US$420; €330) for the cheaper model.

I'm not exactly shocked. It's likely that after PlayStation 3 actually launches in the US, eBay prices will come down significantly because supply will go up (from zero) and demand will come down (because the craziest of early adopters will already have their units. That's likely what happened in Japan.

PlayStation 3 fetching mostly ho-hum prices on Japan Net auctions [International Herald Tribune]