GZ: Sony has reportedly cut PS3 costs by 70 per cent, but some websites appear to have forgotten exchange rates.
Following Sony's first quarter results for fiscal-2009, the company's executive vice president Nobuyuki Oneda claimed that the PS3's manufacturing costs had dropped by 70 per cent.
Many websites ran with the 70 per cent and applied it to the presumed manufacturing cost of the PS3 when it launched. The problem is that they applied this to the dollar price. This brought the current manufacturing cost to around $250 after the 70 per cent reduction.
However, with the current economic climate and the rising strength of the Yen, applying an original dollar price will not yield accurate results.