Japanese newspaper, Asahi Shimbun, has confirmed that Sony’s February 20th event will indeed see the official unveiling of PlayStation 4 (Orbis).
According to Asahi Shimbun, the next PlayStation’s price has been set to ¥40,000. This is equivalent to $432 at today’s exchange rate. However, Japanese companies such as Sony have a habit of rounding prices to increments of $50 or $100 when selling in the west. As such, we can expect PS4 to retail for $399 or $449 at launch.
This price range is actually pretty close to Wii U’s $349.99 price point. Until now, Wii U’s sales figures have been disappointing. Most likely, this is due to the lack of high profile titles and because most gamers believe that it is underpowered to be a true next gen console.
PlayStation 3 launched in USA in 2006 in 2 SKUs, the 20G model retailed for $499 and the 60GB model retailed for $599.