Originally Posted by TheMoose
Not according to this Engadget story
In a piece primarily focused on Blu-ray over at Business Week, a bit of scrolling led to quite the interesting tidbit: Sony has apparently been able to slash the production cost of its PlayStation 3 in half. More specifically, it was noted that the firm has been able to "shrink the PS3's chips and tweak its design," which aided in getting the cost per machine "to around $400 now, from above $800 just before it went on sale in November 2006." According to Nikko Citigroup's Kota Ezawa, the biggest culprit for such an improvement is the "reduction in the parts count." Still, we wouldn't get our hopes up for yet another price cut just yet, but at least things are moving in the right direction.
The PS2 started off slow too & it has sold over 110 million consoles!
There are a lot of big games being released this year, Metal Gear Solid 4 & Gran Turismo 5 alone will sell millions of consoles, Don't count the PS3 out yet!
I still know my co-workers at Sony in that department. The PS3 costs around $570 or so for the $399 version.
As for your continued thought that GT5 will sell "millions," of units... I don't think so. MGS4 could but not GT5.
I think I read that Mass Effect was the 2nd best selling title for next gen consoles last year and they think it had an attachment rate which resulted in about 300,000 consoles.
MGS4 is a big game and will sell PS3s. GT5 may but I'd be shocked if it did better than Mass Effect in attachments.
The 360 has exclusives that are expected to do really well too.