Sony Brings the Bling with Swarovski Photoframe

Price At Issue With PlayStation Portable

According to a news story over at Egear, there are a lot of worried consumers dwelling on the rumored high price tag of Sony's new portable gaming system.

“Sony Corp.’s PlayStation Portable, which goes on sale in Japan later this year and overseas next spring, boasts the superb image quality of its home-console counterpart. But the big question oneveryone’s minds is: How much will the handheld gaming machine cost?

The gadget, about the size of a thin paperback, was shown in playable form packed with 22 games ahead of this weekend’s annual Tokyo Game Show.

The pricing question is crucial as competition heats up in the game machine market ahead of the holiday season, when video game hardware makers rake in as much as half their annual profits.

Earlier this week, Ken Kutaragi, chief executive of Sony Computer Entertainment, the videogame unit of the electronics and entertainment giant, showed a smaller PlayStation 2 set to go on sale next month, which he said will help cut costs.

Despite widespread speculation, Kutaragi refused to give a price for the PlayStation Portable, or PSP, saying he wants to first gauge reaction at the Tokyo Game Show.”

Read more at Egear

Source: Associated Press

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