Sony Corp Sets PS4 Set Launch Date

Sony Corp announced the Japanese release of its PlayStation 4 on Monday as the electronics maker braces for a console war with Microsoft Corp that could make or break the Japanese firm's struggle to return to profit.

Sony said it will launch the PS4 on February 22 in Japan, three months later than its November 15 release in the United States. The basic version of the PS4 will retail for 39,980 yen ($400), in line with its North American $399 price tag. That compares with $499 for Microsoft's Xbox One, which will be rolled out on November 22.


In August that it had received 1 million preorders for the new console, which will be on sale from November 15 in North America and in other regions including Europe, Australia and South America from November 29, in time for the busy pre-Christmas season.

Sony posted an operating profit of 36.36 billion yen ($367.6 million) for the April-to-June quarter, beating market expectations, but leaving it with some way to go to meet its full-year guidance of 230 billion yen.
Culled from Yahoo tech news

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