Sterne Agee analyst Arvind Bhatia said that the Playstation 4 will debut less than $400 later this year. He said that sony was impacted when they released the Playstation 3 with a whooping $600 and they will not repeat it again.
"Given that experience, we believe Sony will aim to keep the price point for PlayStation 4 below $400," Bhatia said.
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