The PlayStation 4 is expected to be first shown by Sony on February 20, expected to show at a press conference in New York City.
Sony has remained tight-lipped about the event, but the Wall Street Journal claims says “people familiar with the matter” have confirmed the PS4′s unveiling, making Sony the second player to enter the next-gen console arena in the past year, behind Nintendo (which unveiled its Wii U in November) and ahead of Microsoft, which has yet to leak any information about its Xbox 360 successor.
DealNews can’t help but wonder what this means for the PlayStation 3, which will undoubtedly see a price drop after Sony’s announcement. They turned to previous console announcements to see how they affected the prices of their predecessors and predict that Playstation 3 prices could drop by 64%.
