Japanese newspaper claims PS4 will cost over 40,000 yen, releasing this year

[Vinniegambini]

VGKing said:

Vinniegambini said:

This is way too much. Its suicidal to launch at over 400$ as the report claims. Sony legions, including myself, will buy the console at launch, but after that, expect demand to be low just like the Vita. I have a bad feeling. Mainstream consumers will not buy it at that price.

No, it's not. Both PS2 and PS1 launch at 39,800 Yen, which translated to $299.

PS3 launched at 49,980 Yen which translated to $499.

It's safe to say the PS4 will be $399. Anything lower and the losses are too great, anything higher and it is overpriced.

Yes it is regardless of your personal stance. Mainstream consumers will not buy  the PS4 at that price. Furthermore, it's not 399$, it's over 400$ - Please read the report properly.

http://in.reuters.com/article/2013/02/07/sony-playstation-idINDEE91602820130207