Because Sony literally had a monopoly in the industry with the PS2 and they thought they could charge whatever they wanted with the PS3 and people would still buy it.
It was also a blu ray player and those were very expensive at the time.
Why is the ps3 still so expensive?
There are two big reasons why the PS3 is still so expensive. The hardware inside the PS3 is expensive, even in 2017. There’s a lot of custom hardware inside. Since the PS4 doesn’t support disc based PS3 backwards compatibility the only way to play PS3 games is using a PS3.
How much was the ps3 on release date?
6 days later, sony will launch the ps3 in the united states on november 17. hirai also announced during the conference that the ps3 will be launched in two initial configurations. the first is loaded with a 20 gb hard drive and will come with a price tag of us$499.
What was the last game released for ps3?
The last game released on the PlayStation 3 was FIFA 19, on September 28, 2018.
How much did it cost to make the ps3?
Sony’s PlayStation 3 games console costs the consumer electronics giant at least $840 to make, $241 more than the $599 asking price, market watcher iSuppli has claimed.