The PS3 Now Costs 70% Less To Make

Your favourite console now costs 70% less to make. Sony Corp's CEO and Executive Vice President, Nobuyuki Oneda confirmed by saying, when questioned about pricing and reduction costs.

“The cost reduction since we introduced the PS3 is very substantial and this is on schedule,” Oneda-san replied when asked about manufacturing costs. “We don't disclose how much of the PS3, specifically the cost deduction was achieved during the past two years. But that is on schedule.”

 Looks like a price cut isn't far off.