PS4 Release Date and Price Expected Pre-Christmas; $430 Tag May Rise [REPORT]

PS4 release date is expected to be around the Pre-Christmas shopping season. Reports indicate that the PS4 release date in the US and Japan will definitely be in 2013. However, an announcement from Sony on Feb. 20 is expected to shed light on the precise date the ground-breaking PS4 can be expected. One thing seems certain to tech experts--the Sony device will not be cheap. A projected $430 or more is the likely price of the gaming device.

The PS4 release date has been a hot topic for gamers for more than one year. "Nikkei Business Daily," a Japanese publication confirms that Sony will be announcing the official release date on Feb. 20. Another major Japanese publication, "The Asahi Shimbun," claims that PlayStation 4 will go for 40,000 yen, which is estimated at $430.

"When major Japanese newspapers like Asahi or Nikkei run rumors, they are usually pretty solid," blogger Brian Ashcraft wrote for the tech blog Kotaku "Thing is, there's not much here that hasn't already been leaked before."

"The price point doesn't seem rock solid," Ashcraft wrote. "Remember how much the original PS3 cost? The 20GB version was US$499, while the 60GB version was $599. Now the Asahi News is saying PS4 will cost over $400. That's not only kind of vague, but rather obvious!"

Although the price of the Sony device seems hefty, Pressblue.com also agrees that a price change may be in the works that considering the tech specs and innovations the PS4 brings.

"[A] $400 price tag for the PS4 would see Sony selling the console at a considerable loss," the publication expressed.

Catch the Feb. 20 announcement in NYC at 6PM EST.

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sony
PS4
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