Wednesday, September 11th 2024
PlayStation 5 Pro up to 24% Cheaper than PlayStation 3 at its Launch
The $699.99 MSRP of the Sony PlayStation 5 Pro is a source of outrage on social media, but what if we told you that the new premium console is in fact cheaper than what the PlayStation 3 cost at launch for even its cheapest variant? Sony launched the PlayStation 3 in 2006, with its cheapest variant that came with a 20 GB hard drive, at $499, in the US. A premium variant with a 60 GB HDD cost $599. Both models included a Blu-ray drive, as physical media was the prevalent mode of game distribution. In comes inflation. $599 in 2006 money is approximately $930 in today's money, while $499 (2006) in today's money is approximately $780.
Even the cheapest variant of the PlayStation 3 cost 11% more at launch than the PlayStation 5 Pro, adjusted by inflation, while the premium variant cost 24% more. The PlayStation 5 Pro is digital-only, and lacks an optical drive, which can be purchased separately for $80. Adding this cost, the PS5 Pro with a separately purchased optical drive costs exactly as much as the base model PlayStation 3 with 20 GB HDD did, back in 2006, adjusted by inflation.
Source:
USD inflation calculator (MN Fed bank)
Even the cheapest variant of the PlayStation 3 cost 11% more at launch than the PlayStation 5 Pro, adjusted by inflation, while the premium variant cost 24% more. The PlayStation 5 Pro is digital-only, and lacks an optical drive, which can be purchased separately for $80. Adding this cost, the PS5 Pro with a separately purchased optical drive costs exactly as much as the base model PlayStation 3 with 20 GB HDD did, back in 2006, adjusted by inflation.
87 Comments on PlayStation 5 Pro up to 24% Cheaper than PlayStation 3 at its Launch
That round I went with the 360 and really enjoyed it.
Except for the damned RROD….:banghead:
The inflation adjusted numbers are nice but people's purchasing power has not increased along with inflation and it means that ultimately the console is more expensive to most folk. Many people perceive that recent inflation (which is responsible for a large chunk of the price difference between inflation adjusted vs unadjusted as the pandemic brought some 28% inflation alone) as unfair.
We can sit here and make excuses all day for the price but at the end of the day customers have less money and thus a more expensive device will face increasing headwinds. Even if we assume Sony is pricing this device close to what it costs them (they don't sell at a loss ever since the military bought a metric ton of PS3s which they lost money on), it would have been a better move to try and get the price lower.
These prices aren't that bad when you compare them to a barebones mini PC that can take a gaming GPU. The Asus extreme NUC is what, a kilobuck or more?
Uhhhhhh....
The PS5 Pro on the other hand is built around what's basically a commodity chip from AMD like they (and MS) have been using for more than a decade even if slightly customized together with Sony. It's probably using the same Zen2 cores and equally unexciting GDDR6 RAM as the PS5. It also dropped the optical unit which means disc collections become unusable with the console. There's no single piece of "exotic", ultra complex, or bleeding edge hardware anywhere in that console. It brings a beefed up GPU which may be more of the RDNA2 from the PS5, slightly better WiFi, and maybe overall tweaks. Not entirely sure this justifies the $200 extra.
But maybe the PS3 was too cheap for what it was.
And that was before the housing crash and the resulting recession that people are still feeling the aftereffects of, on top of the near-miss with COVID and the general shrinkflation people are experiencing in the US. By all means, selling this for a slight markup over the PS5 would be selling at an even worse margin than before, but the precedent of consoles selling at a bare margin/loss and making up in game sales is a precedent not set by the consumer, only (debatably) enjoyed.
I also generally hate the "but but it's actually cheaper if you adjust for inflation!!!" argument because it disregards every other variable affecting the individual in relation to the economy, and that while the dollar has devalued domestically, income (and as a result, disposable income) has not increased in kind. Everyone that isn't comfortably paying off a mortgage from 2013 is slowly closing in on the poverty line. Lord knows where I'm at minimum wage won't even guarantee you a place to live without splitting rent, nevermind all the other regular expenses associated with living as a working adult.
It should also be noted that the games industry in particular faced a trend of stagnating or gradually lowering in price as the venture became more and more profitable. The current uptick in price is a recent development, and an especially unwelcome one in current times.
The revised models all had features removed (no PS2 compat, no SACD support, no memory card reader, less ports). The only up sides were that they came with a controller that had rumble, and by the slim models they stopped releasing the console with self destructing CPU and GPU.
You have a 450EUR ps5 digital and a 800 EUR ps5 pro..so one PS5 pro is roughly 2 x PS5 digital in Europe.
It still works, I had the bluray drive replaced at some point, but its not flawless anymore. This one does run Okami and all the PS2 stuff. Pretty neat.
Theoretically PS5 Pro cost $1100 after 18 tears.