CEO of Level-5 Akihiro Hino has mentioned that Sony has proved to the world how important the gaming industry is, by popping out a next gen console with the price tag of $399.
There's been a buzz that the Level-5 company is currently working on an exclusive title for PS4 , so we can connect the dots on why the CEO is putting out a good word about the next- gen console.
In an interview with Famitsu, Hino mentions that the price reveal of the PS4 was "the number-one surprise of E3. I think anyone can look at that and think this is cheap! Putting cutting-edge PC specs into a game machine that costs just a few hundred dollars really brings across how serious SCE is about this generation."
When compared with the Xbox One which is priced at $499, the PS4 is a hundred dollars cheaper, and one economist did say "the price is too high" for the Xbox One.