Japanese Newspaper: PS4 Will Cost About $400

Asahi Shimbun, one of Japan’s biggest newspapers, has run an interesting story – translated by The Verge — indicating that the PlayStation 4 will cost over 40,000 Yen, or about $430.

The Verge puts this into context: PS3 cost approximately 60,000 Yen (nearly $650) in Japan when it launched in late 2006, and as we all know very well, it released at an outrageous $599 in the United States at that time.

So is this rumored price point good news? Yes, if it’s true. A 40,000 Yen price point in Japan indicates that PlayStation 4 may launch in the west at around $400, or $200 less than PS3 cost in 2006. However, this is all speculation; we hope to have plenty of hard facts following Sony’s event in New York City on February 20, which IGN will attend.