PlayStation 3 to Retail at $400 ? Production Costs Almost $500

They sold the SECOND Play Station for $364. Unless he's talking about the Play Station model that came with a SNES cartridge slot. I love how he forgets the real competition at the time: The Sega Saturn.

The PSX won in America by being $100 cheaper than the Saturn. ($299 compared to $399)

People queued overnight for the GBA and GBA SP. You can bet there will be people -mostly hipsters- qeued for the Micro as well in Japan. That said, shouldn't he be more concerned about how the DS is handing the PSP's ass to it in Japan? Also, most everyone already owns a GBA in Japan. Unlike the Sony PSP, a short drop doesn't shatter an SP. At least he recognizes that the DS is not a GB family handheld. It's an offshoot like the Pokemon Mini. I hate it when people call it a Game Boy DS. Because -despite sharing the same chip family as the GB- it is not a reiteration.

My thoughts exactly.

It really stuns me that Sony is so popular. They have terrible hardware, not very great exclusives and their systems, and then they get the head guy of their system to come out spouting garbage like this. He doesn't even compare his products to the competition it had at the time, and then backs up his claims with half truths. He has to know that the DS is kicking the PSP's ass, yet to make him feel and look better he compares it to the 4 year old GBA (note, he didn't even say SP, I don't think.), what is that? I also doubt it will be that cheap, Sony has shown time and time again they don't care about bringing their systems price down to reasonable. I mean, the year older PS2 is still even the same price as the Xbox, and the PSP is ridiculously expensive, and doesn't even come with everything it needs! Although, I think they're going to have to do something to win the next generation, because like Spong said, the Xbox will be out, and be out for a while, and if MS is smart they'll drop the price, as well as release Halo3 on it's release day.