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Sony Cuts PSP Devkit Cost

A less-publicized announcement from the PlayStation Business Conference yesterday had to do with the price that developers pay to acquire PlayStation Portable development kits.

Prior to yesterday, each development unit cost a developer 750,000 yen (roughly $6,400) to purchase. Now, they'll cost 500,000 yen, or approximately $4,200.

Sony hopes that the decrease in cost will lure smaller developers to produce games for the PSP, and entice developers that are still on the fence to take the plunge.

To date, Sony has shipped 5,412 development kits for the system.

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