Cheaper PlayStation 3 around the corner?

Manufacturing costs officially a fraction of original hit

If the suits at Sony were worried about the big losses the company reported this week, then perhaps they'll be cheered by the news that the PlayStation 3 isn't going to be a drain for much longer.

According to Chief Financial Officer Nobuyuki Oneda, the loss-leading console is now 70 per cent cheaper to build than it was when it debuted in 2007.

Costs slashed

Given that the original construction costs were around £500, that suggests the current (or, possibly, next) generation of PS3s leaving factories should cost around £150.

If the numbers are even close to accurate, it's pretty clear we're heading for a cheaper PS3 on shop shelves before very long.