More Than 100 PlayStation VR Games in Development, Sony Exec Claims

Odd though that the company doesn’t actually mention whether the price is incorrect.

Oculus has stated that by February, the new and upgraded Rift will have a pre-installed super computer and will be available for $1,500.

The prohibitive cost of Rift could encourage more rapid uptake of PlayStation VR. What’s more, the PS4 console may also be better positioned for popular, mainstream virtual reality gaming content than the PC counterparts. “Which gives Sony a chance to establish a lead in this opening phase of consumer VR”. We thought this price tag seemed fairly reasonable, but when you consider the costs of upgrading your PC to meet the specs VR requires things to begin to increase quite substantially. In all likelihood, it won’t.

In the meantime, the price of VR equipment shouldn’t do much to hamper consumer interest in the tech, according to Arrington. With PC technology continuing to progress ahead of the PlayStation 4, any performance gap is likely to increase over successive iterations.

The price of Sony’s headset, formerly known as Project Morpheus, has been a closely guarded secret.

Industry analysts at SuperData Research expect PlayStation VR to sell nearly 2 million units before the end of the year and offers a prediction about the price point Sony is targeting.

Sony stated that the PlayStation VR is still scheduled for a 2016 release; however, there is no exact date yet. By syncing with existing peripherals rather than demand more hardware, this enables the PlayStation VR to position itself at a more affordable price range.

Meanwhile, GPU giant Nvidia has also announced a tool that will let users know if their machine can handle virtual reality reported ITPro website. They have removed the price since, but it’s still something to ponder.

Earlier this week, a SuperData report predicted that the PlayStation VR would retail for between $400-$600.

International Business Times reported that 2016 will be the year the virtual reality market will thrive.