According to the Japanese daily Asahi Shimbun, the new PlayStation will be launched in Japan later this year for around ¥40,000. In comparison, the PS3 retailed for ¥60,000 when it was launched back in 2006. Looking at historical launch prices, the PlayStation 3 first retailed at US$599 when it launched in the States. Therefore one can expect the new PlayStation to be priced around US$428 in the U.S. at launch.
Additionally, it is said that the new PlayStation console will be released in Japan and the U.S. before the end of the year. Finally, the article also states that Sony will make an official announcement regarding the new console on February 20.
Gamers, mark your calendars.