The S470 is an S series solid body electric guitar model introduced by Ibanez in 2003. It is the third distinct model to carry the S470 name after a Japanese-made model introduced in 1992 and another Korean model introduced in 1995.
The S470 features a mahogany body bolted to a maple Wizard II neck with a 22-fret rosewood fingerboard with "S wave" position markers. Components include Ibanez pickups in an HSH configuration, a locking nut and a ZR double locking tremolo bridge which debuted in this model.
The S470 originally had Powersound pickups, those were replaced by Infinity pickups in 2005. The S470 was updated in 2008 with new inlays and an altered tremolo system. Later in 2008, production moved form Korea to Indonesia.
The S470DX is an extremely similar model that was offered in 2003 and 2004; the only apparent differences between the two models are slightly different fretboard position markers and the fretboard binding on the DX model. In 2008, a similar model with black hardware was introduced as the S470B and in 2010, the S570 was introduced as a replacement for the S470, featuring 24 frets and a new inlay style.