HTC Vive price will not be $1,500
How did the rumour start that HTC Vive price would be US$1,500?
Some of you may have seen recently rumours that Vive’s price will be US$1500. I can pretty confidently confirm that it will not cost US$1500. This figure came from a blog who reported “HTC Corp. is likely to price the HTC Vive at around US$1,500 foreign brokerages estimated Tuesday.” This speculation is clearly linked with the fact that they think “The Sony PlayStation VR is expected to be priced at US$1,125.” This is not true. This fact has been confused. Alphr and Forbes reported that Sony VR would be priced at around CAD $1,125 but that Sony had denied this. Clearly the blog mistook Forbes’ reported PSVR’s price to be in USD in Alphr’s and other news sites’ articles. Sony has denied PSVR will be $800 and more in the range of $400-600. So back to Vive. The US$ 1,500 is a mistake. Firstly, PSVR, according to Sony, will not cost US$800. Secondly, if you are speculating with the PSVR price, it would be CAD$1,500 not USD$1,500.
In a world where the tech industry is saturated with companies, there is high competition and pricing your product is extremely important. Oculus announced that Rift would cost US$599 which received a lot of criticism from the tech community. If people are upset about the price of Rift, then Vive certainly will not price it much more. An example of competitive pricing is Xbox One vs PS4. It’s speculated that PlayStation 4 has outsold Xbox One, and this is partly because the Xbox was US$100 more than the Playstation. So it’s not likely Vive will be much more expensive than Rift, especially not US$1,500. Gameranx speculates that Vive could be priced at US$700 but the price is yet to be confirmed. Vive is due to be available for pre-order on 29th February.