PLAYSTATION 3 (PS3)SCEE: 1st party price increase was official
Kotaku - February 4, 2008
Submitted by deftangel (291)
at 11:27AM PST on February 4, 2008
"...as is well documented, PS3 has been a very expensive console to produce and sell. The losses are public knowledge. About six months into the year we realised we needed to increase our revenue on software to be honest. We're still in line with third parties, and it was just a business decision regarding profitability."