Sony PlayStation 4 to cost $430: Report

Advertisement
By Reuters | Updated: 7 February 2013 09:20 IST
Sony Corp plans to release its new Playstation 4 home console this year for around $430, giving the successor to the popular PS3 a touch panel control and easy access to social networking sites such as Twitter and Facebook, Japan's Asahi newspaper reported.

Sony's game chief, Andrew House, will reveal the new features at a Playstation meeting in New York on February 20, the paper said, without saying where it obtained the information.

Sony declined to comment on the report.

The gathering in New York is the first major Playstation meeting in two years. The last time Sony held such an event it revealed the prototype for its handheld Vita. The meeting before that in 2005 came two months after it revealed its concept for the PS3, which sold 70 million units.

Advertisement

It has been more than six years since Sony launched the PS3, a longer gap than between the PS3 and its PS2 predecessor. The gaming market has since been transformed by the rise of tablet PCs and smartphones that are wooing away casual gamers with free or cheap games.

The shift to mobile devices has forced console makers such as Sony, Nintendo Co Ltd and Microsoft Corp to try to find new ways to win back consumers to consoles.

In a sign of the competitive pressure they face, Nintendo last month cut its sales target for the Wii U, successor to its 100 million-selling Wii, to 4 million machines by the end of March from its launch in November, compared with an earlier forecast for 5.5 million.

Advertisement

Shares in Sony, which is due to release its third-quarter results later in the day, last traded up 4.0 percent at 1,540 yen, in a broader market down nearly 1.0 percent.

© Thomson Reuters 2013

 

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Advertisement

Related Stories

Popular Mobile Brands
  1. Here's How Much the Motorola Signature Could Cost in India
  2. Redmi Note 15 Pro Series 5G India Launch Gets Delayed
  3. Oppo Reno 15 FS 5G Launched With 6,500mAh Battery, Snapdragon 6 Gen 1 SoC
  4. iPhone 18 Pro Series Expected to Debut With Dynamic Island, Tipster Claims
  5. Xbox Cloud Gaming to Get Free Access 'This Year' With Ads
  6. Realme 15T Review
  7. Ram Charan's Peddi OTT Release Confirmed: What You Need to Know
  1. Shambala Now Streaming Online: What You Need to Know About Aadi Saikumar Starrer Movie
  2. Deepinder Goyal to Step Down as Eternal CEO; Blinkit’s Albinder Dhindsa Named Successor
  3. Microsoft CEO Satya Nadella Says AI’s Real Test Is Whether It Reaches Beyond Big Tech: Report
  4. Meta's New AI Team Delivered First Key Models Internally This Month, CTO Says
  5. Apple Pay Reportedly Likely to Launch in India Soon; iPhone Maker Said to Be in Talks With Card Networks
  6. Netflix Will Now Pay All Cash for Warner Bros. to Keep Paramount at Bay
  7. Xbox Game Pass Wave 2 Lineup for January Announced: Death Stranding Director's Cut, Space Marine 2 and More
  8. Best Laser Printers with Scanners That You Can Buy in India Right Now
  9. Samsung Sound Tower 2026 Lineup Launched in India With Up to 18 Hours of Playback, 240W Output: Price, Features
  10. iPhone 18 Pro, iPhone 18 Pro Max to Feature Centre-Aligned Selfie Camera Housed Inside Smaller Dynamic Island, Tipster Claims
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.