Saturday, October 14, 2006

Consumers rethinking PS3 purchase


LOS ANGELES, CA, United States (UPI) -- Delayed release dates and a steep price are driving U.S. and Canadian consumers to think about gifts other than Sony`s PlayStation3.

Michael Patcher, director of research for Los Angeles-based Wedbush Morgan Securities, said consumers said were considering buying games for their existing consoles rather than wait for the next generation system, the Canadian Broadcasting Corp. said.

The PS3 console is scheduled to launch Nov. 17 in North America.

The PlayStation3 is expected to cost in the United States between $449 and $599 -- more than $300 higher than the PlayStation 2 at its launch and $160 higher than the Xbox 360 a year ago.

Copyright 2006 by United Press International

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