Sony pins hopes for profit on PlayStation 4, sets February 22 launch in Japan

By Sophie Knight TOKYO (Reuters) - 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. ...

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