From Edge:
After the price announcement today, will there be a long-term strategy of levelling out the PS3 price worldwide?
PH: Well, what we did today was bring the Japanese price in line with the US and European consumer prices - less than 500 somethings. While I know it's not the financial exchange rate, it's the consumer electronics exchange rate which has been well understood for years. There are reasons for it: the cost of doing business in Europe is higher, proximity of the factory to the Japanese consumer.
After the price announcement today, will there be a long-term strategy of levelling out the PS3 price worldwide?
PH: Well, what we did today was bring the Japanese price in line with the US and European consumer prices - less than 500 somethings. While I know it's not the financial exchange rate, it's the consumer electronics exchange rate which has been well understood for years. There are reasons for it: the cost of doing business in Europe is higher, proximity of the factory to the Japanese consumer.