London based newspaper, The Times, has reported that the Playstation 4 will be priced much lower than expected. They report that “Industry sources and leaked internal documents” suggest Sony will be releasing the PS4 for £300. The Playstation 3 released for just over £400 when it was new. That would mean that the PS4 will about about $450 USD upon it’s launch. Another rumor, but this would probably be a good move for Sony.
Sony is expected to reveal the Playstation 4 at it’s Playstation Meeting event tomorrow.