The British newspaper The Times is reporting that the next PlayStation will be priced at only £300 (approximately $465), an unusually low price, according to leaked industry documents and reports.
This is most likely because the launch of PlayStation 3 was stymied by a high price range ($500-600) and an unexciting launch line-up. This time, Sony wants to make sure the console will have a stronger start so more people are eager to throw their money at the new system.
The Wall Street Journal also reports that the recently acquired “Gaikai” technology will enable deep social interaction via YouTube, Twitter, and Facebook by allowing instant video upload and smoother comment and achievement sharing. In addition, Gaikai will enable current PS3 titles to be compatible, thus strengthening the PS4′s launch position.
These rumors and other mysteries will be either confirmed or denounced at Sony’s upcoming February 20th event, which is going to be a reveal of their next generation console. Meanwhile, Sony’s been posting videos for their series depicting the history of their system: