Gamepro reports that “Sony has cut the cost of materials used to make its PlayStation 3 game console by 35 percent, according to market research firm iSuppli.”

Wanted to buy a Sony Playstation 3 but it is just too damn expensive. Here’s hoping Sony implements a PS3 price cuts due to the worldwide recession soon.

The components used to produce the second-generation of the PS3 console cost $448.73, based on October component prices, iSuppli said, citing a recent teardown of the system it conducted to see what components are used inside. The market research firm then assembled a bill of materials based on that list of components and estimated prices to arrive at a system cost.

By comparison, the components used inside the first generation of the PS3 cost $690.23, based on mid-2007 prices, iSuppli said.

Sony makes a loss on the sale of each PlayStation 3 console, which sells for $400. But the loss Sony records for each console is narrowing, and the company may soon reach the break-even point, including other costs associated with manufacturing and sales.

“The PS3 may be able to break even in 2009 with further hardware revisions,” iSuppli said in a statement.

Source

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