PlayStation 4’s backwards compatibility, and PS3 and Vita price cuts?


The hype machine for Sony this week is going off the charts, especially with Sony presenting something very special on February 20th in New York. What can we expect, or what can we speculate? All I know is that we’ll be “seeing the future.” If they don’t mention PlayStation 4, you have my permission to riot.

According to the WSJ, the PlayStation 4 will feature backwards compatibility. The catch is that it’ll be using the Gaikai service, a video game streaming service that Sony bought for $380 million last year. This raises many questions, like if we’ll have to purchase games again that we already own on the PS1, PS2, and PS3? Since it’s a streaming service, does that mean that we’ll be able to play PS4 games on the PS3? Another question is that will it divide the market, since not everybody has a fast internet connection?

As for the price cut of the PlayStation Vita, it seems like we’ll be seeing it go down at the end of the month in Japan. It hasn’t been doing great, since it has failed to perform over 10,000 units in sales a week ever since it has launched in late 2012. Nintendo and Microsoft have always been doing price cuts before Sony, and I think this is one of the reasons why Sony is falling behind. According to the Sony livestream, we’ll be seeing the PS Vita go down in price after February 28th, resulting in a ¥19,980 price tag for both the Wi-Fi and 3G models. That’s a reduction of 30% for the 3G model and 20% for the Wi-Fi model. Let’s hope that we’ll see something similar for the North American and European market.

And what about the PlayStation 3 price cut? Wedbush Securities analyst Michael Pachter told GI that he thinks the PS3 will drop down to $199 on February 21st. This may happen, since the Vita is expected to drop in price soon. If it doesn’t then Sony will probably announce the price drop during E3.

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John Nguyen
John Nguyen 10240 posts

Assassin, scoundrel, head honcho.