Can Ouya take on the PS4 and Xbox 720 (Next)?

The $99 Android-powered Ouya console boasts a definite advantage over its console rivals in terms of price, but can it effectively compete against powerful next-gen systems like Sony's Playstation 4 (PS4) and Microsoft's Xbox 720 (Next)?

Analyst wants a $300 PlayStation 4

Inside Network analyst Billy Pidgeon says he believes Sony will need to price its upcoming PlayStation 4 console at $299 for the system to rack up high sales this holiday season.

Report: Sony ready to kick off PS4 production

Sony will reportedly begin production of its next-gen PlayStation 4 console by the end of 2011.