Speaking in the wake of bumper sales, boss Daniel DeMatteo has stated that the PlayStation is a good console, but that the price is simply too high given the harsh economic times.

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Sony's costs 400 USD stateside, while the cheapest is 200 USD, the 2350 USD. The PS3 does of course boast a hard-drive and drive, but DeMatteo suggests the headline figures are just too different.

Sony yesterday affirmed to the world that the PS3 represents better value than its rivals, because of the all the features included in the console, which sometimes cost extra in the case of other consoles.

Still, given the dire economic outlook, the implication at is that the PS3 still looks pricey by comparison. Thanks VG247.

By Luke Guttridge