playstation 4

PS4 and Xbox 720 rumors have been flying around lately about the date of its announcement and the price of the new console.

Everyone expects the new consoles to be announced at this year’s E3 convention, but according to some comments by Sony executive Hiroshi Sakamoto, we may see an announcement earlier in May. “It’s still a big secret, but our Sony PlayStation friends are getting ready. I only can say that we’re focused on the games related E3 event, booked for June. The announcement can take place there or even before, in May.” Sakamoto told, “In that time we expect to deliver great news, but we must wait until May at least.”

This would be interesting since Microsoft seems like it’s just going to wait till E3. We had though that the penultimate issue of Xbox world would yield us all of the details on the Xbox 720 but apparently that never panned out.

The price of the PlayStation 4 and Xbox 720 are rumored to be around $400 dollars if Baird Research Group is to be believed. “Given the fragile state of the console game market, we expect the E3 trade show in June will take on added significance, most likely providing the industry with the first public opportunity to examine next-generation hardware.” Said Colin Sabastian of Baird Research. “Our checks suggest that next-generation console hardware will be largely built from ‘off the shelf’ high-end PC components, along with hybrid physical/digital distribution models, enhanced voice controls and motion sensing, and broad multi-media capabilities. Moreover, a PC-based architecture should have a number of advantages over custom-developed silicon: for one, the learning curve for software developers will be shorter than completely new technology. Second, the cost of production and retail price points should be lower than prior console launches. Third, it will be easier to build online services around PC chip architecture, including flexible business models (free-to-play, subscriptions) and multi-media (over the top) content offerings. For Microsoft, this design will also allow for more integration with Windows 8 and Windows Mobile devices.”

Sebastian also stated that he believes the PlayStation 4, code named orbis, will launch next October with the Xbox 720 launching in November of 2013. Hopefully we learn more about the PlayStation 4 and Xbox 720 in the coming months.

Source(s): Computer and Video Games,, VG247