Sony's Playstation 4 will launch at a significantly cheaper price than its predecessor according to leaked documents obtained by the Times UK on Monday who also has an industry source to back them up.
According to the Times, the PS4 will launch at a price of £300 in the UK. By comparison, the Playstation 3 launched at a price of £425.
What does that translate to in US dollars? A straight conversion puts the launch price of the PS4 at $465 but rarely do you see retail product prices with a straight conversion from the British pound to the US dollar. In real world terms, it is likely the PS4 would launch at a $399.99 price point in the United States.
We should find out more details about the PS4 when Sony unveils the next-gen console during an event this Wednesday, Feb. 20. Leaks so far indicate a controller with a touchpad and PS Move technology and that the console itself is powered by an eight-core AMD APU processor that puts the CPU and GPU on the same chip.