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)
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87 Comments on PlayStation 5 Pro up to 24% Cheaper than PlayStation 3 at its Launch

#26
sethmatrix7
I think a lot of us are still waiting for wages to be adjusted for inflation
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#27
Dr. Dro
Neo_MorpheusI didnt had one, but I remember not buying the first one because of the price and the revised one because i was under the impression that the whole backwards compatibility was removed.
So this is the first time i hear that they used software emulation.
It was removed. Only the very first generation units had full hardware backwards compatibility. Eventually it was graphics hardware only and subsequently, starting on model G consoles it lost the ability to play discs altogether. PS2 Classics from PSN run in software emulation mode only, even if the unit is backwards compatible.
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#28
Neo_Morpheus
Dr. DroIt was removed. Only the very first generation units had full hardware backwards compatibility. Eventually it was graphics hardware only and subsequently, starting on model G consoles it lost the ability to play discs altogether. PS2 Classics from PSN run in software emulation mode only, even if the unit is backwards compatible.
Thanks for the info.

That round I went with the 360 and really enjoyed it.

Except for the damned RROD….:banghead:
Posted on Reply
#29
evernessince
You aren't doing SONY any favors by comparing to the PS3. Sony was dominating xbox prior to the PS3 and the price pushed enough people to try xbox. PS2 sold 155 million units while PS3 only sold 87 million. This is a massive decline, especially considering the gaming market was growing at the time and really had to screw up to not grow along with it. Their competitors ate their growth and nearly half their prior customer base.

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.
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#30
Easy Rhino
Linux Advocate
The people who complain about things being expensive on social media are the same ones who love big government and the money printer.
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#31
AusWolf
Easy RhinoThe people who complain about things being expensive on social media are the same ones who love big government and the money printer.
Complaining about food or accommodation prices is one thing. But complaining about the price of the PS5 Pro is just as ridiculous as complaining about the price of a sports car. No one forces you to buy one (especially if you already have a regular PS5 which plays the same games), so why waste your time?
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#32
GhostRyder
I generally view any "Pro" or halfway refresh models pointless mostly due to the fact that the next gen are always right around the corner and rarely do they make a huge difference in the current gen games. This is due to the fact that they have to make the games run on the lower hardware. Its currently the issue with Microsoft because the Series S is so much weaker than the X even though the X is more powerful than the PS5.
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#33
JohH
And the PS3 was a huge success at its original prices?
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#34
Vya Domus
PS3's price went down pretty fast in the following years on the other hand I doubt the PS5 Pro will ever get an official price cut.
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#35
Voodoo Rufus
I bought an OG PS3 60GB specifically to be a Blu Ray drive, with gaming and Seti as secondary uses. It was the best Blu Ray movie machine available for the $ at the time.

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?
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#36
AusWolf
Voodoo RufusI bought an OG PS3 60GB specifically to be a Blu Ray drive, with gaming and Seti as secondary uses. It was the best Blu Ray movie machine available for the $ at the time.

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?
That's actually why I'm considering getting a Steam Deck (so that I don't get behind on Nascar and Indycar while I'm away on a holiday). Gaming is a plus.
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#37
dragontamer5788
freeagentThe difference between now and then, is that times weren't tough back then.
2006 / 2007 wasn't a tough year economically?

Uhhhhhh....
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#38
freeagent
dragontamer57882006 / 2007 wasn't a tough year economically?

Uhhhhhh....
I didn’t feel it
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#39
close
The PS3 had good reason to be expensive. For one the first models "bundled" a PS2 (the EE) for hardware PS2 compatibility. Then it had a very "exotic" and massively complex fully custom Cell CPU, and XDR RAM. It also had what was at the time a 1.5 year old high end GPU (~7800GTX). Lastly it had a top shelf BluRay unit at a time when a standalone BR player could be more expensive than the whole PS3 (I justified buying a PS3 to myself just by the fact that it was one of the cheapest BR players on the market).

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.
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#40
Easy Rhino
Linux Advocate
AusWolfComplaining about food or accommodation prices is one thing. But complaining about the price of the PS5 Pro is just as ridiculous as complaining about the price of a sports car. No one forces you to buy one (especially if you already have a regular PS5 which plays the same games), so why waste your time?
It is the professional victim class. They contribute nothing to society and act like society somehow owes them something. Very sad.
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#41
TheDeeGee
Neo_MorpheusThat and the incredible complex hence expensive to manufacture Cell cpu and who knows how much Ngreedia charged them for the gpu.
Who's Ngreedia? I only know ATIot.
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#42
yfn_ratchet
I remember the price of the PS3 was also outrageous in the NA market, though. For what its competitor the Xbox 360 offered it was ridiculous to pay that much for a game console, especially when its launch library was absolutely anemic and only picked up in the latter half of its life. People would rather buy a Blu-Ray player and an X360 than a singular PS3.

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.
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#43
ymdhis
chrcolukIf I remember Sony eventually considered it a mistake and made amends later with revised models.
Their "making amends" was literally saying an apology and bowing, and firing Kutaragi.

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.
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#44
tussinman
dragontamer57882006 / 2007 wasn't a tough year economically?

Uhhhhhh....
freeagentI didn’t feel it
It was a different type of tough. You had a higher chance of losing your job but if you were able to keep it than yes you were most likely feeling the pinch harder now than then.
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#45
sephiroth117
I don't know why people bring inflation for the PS5 pro when the compass of all consumers is the PS5 and PS5 digital: 450 and 550 EUR for us.

You have a 450EUR ps5 digital and a 800 EUR ps5 pro..so one PS5 pro is roughly 2 x PS5 digital in Europe.
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#46
Icon Charlie
freeagentThe difference between now and then, is that times weren't tough back then.

Next gen console to approach 1K. Mark my words.

Do not buy. Price will come down. Easy.
I agree with this comment. This is nothing but a money grab by Sony.
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#47
Vayra86
I bought my vanilla PS3 for what, I think it was f1100,- at the time (pre-Euro), but I could get it tax free, so the idea was this was a killer deal :D

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.
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#48
Recus
Damage control. We know AMgreeD wanted bigger cut.

Theoretically PS5 Pro cost $1100 after 18 tears.
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#49
Readlight
Calculate how much food you get for 800 euro.
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#50
Paganstomp
Have food and drink for 60 days for the price of this.
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