Play Station 4 Gets Priced at $399, Launching in Q4 Sony's new PS4 will be cheaper than the Xbox One. E3 is now well under way in California and last night, Sony took to the stage to talk about the next generation of PlayStation, the PS4. Though the company shared quite a bit of information with us at its event back in February, Sony also saved a lot of stuff for E3 (including the console itself!), so there was plenty to talk about yesterday. Console packs an eight-core 64-bit x86 Jaguar CPU from AMD; a GPU with a unified array of 18 compute units, collectively capable of generating 1.84 Teraflops of processing power; 8GB of RAM; 802.11n WiFi; Bluetooth 2.1; and USB 3.0. Thanks to additional information released since yesterday, we now know that it also boasts an upgradeable 500GB hard drive. What's more, Sony last night revealed how much we'll have to pay to get our hands on the console as well as other details about the software and games for the PS4. During last night's keynote, Sony confirmed that the PS4 will be priced at $399 when it launches later this year. If you're in Europe, you can expect to pay €399. For your money, you'll get the console itself as well as a controller and USB, HDMI and power cables. If you want the PlayStation Eye camera, you'll have to fork out an extra $59. Another DualShock controller will cost $59. No word on a release just yet, but Sony is still saying Holiday 2013 for the U.S. and Europe so we'll keep you posted on that one. In the meantime, Sony has already opened up pre-orders for the console for those desperate to ensure they snag one as soon as possible.

Play Station 4 Gets Priced at $399, Launching in Q4

Sony's new PS4 will be cheaper than the Xbox One.

E3 is now well under way in California and last night, Sony took to the stage to talk about the next generation of PlayStation, the PS4. Though the company shared quite a bit of information with us at its event back in February, Sony also saved a lot of stuff for E3 (including the console itself!), so there was plenty to talk about yesterday.

Console packs an eight-core 64-bit x86 Jaguar CPU from AMD; a GPU with a unified array of 18 compute units, collectively capable of generating 1.84 Teraflops of processing power; 8GB of RAM; 802.11n WiFi; Bluetooth 2.1; and USB 3.0. Thanks to additional information released since yesterday, we now know that it also boasts an upgradeable 500GB hard drive. What's more, Sony last night revealed how much we'll have to pay to get our hands on the console as well as other details about the software and games for the PS4.

During last night's keynote, Sony confirmed that the PS4 will be priced at $399 when it launches later this year. If you're in Europe, you can expect to pay €399. For your money, you'll get the console itself as well as a controller and USB, HDMI and power cables. If you want the PlayStation Eye camera, you'll have to fork out an extra $59. Another DualShock controller will cost $59.

No word on a release just yet, but Sony is still saying Holiday 2013 for the U.S. and Europe so we'll keep you posted on that one. In the meantime, Sony has already opened up pre-orders for the console for those desperate to ensure they snag one as soon as possible.