Hopefully, if Sony learned anything from their last big console debut, it is how to price your console without turning it into an internet meme. Leaked documents and some industry sources have been pointing to the next Playstation costing £300 in the UK.

A Times report cited industry sources and “leaked internal documents” and priced the new machine at £300, which is significantly less than when the PS3 went on shelves in the UK at £425.

Of course, speculation like this is to be expected days before Sony is supposed to have their big conference show for the console this Wednesday. Analyst Michael Pachter told GamesIndustry International that we can expect to see a price drop for the PS3 the day after the next generation console is announced.

Source: Game Industry