Tretton said the price of the PS4 hasn't been decided yet, but hinted that it won't be as high as the PlayStation 3 was initially.

NPR: Sony Shows PlayStation 4 Capabilities, But No Box

Tretton said the price of the PS4 hasn't been decided yet, but hinted that it wouldn't be as high as the PlayStation 3 was initially.

WSJ: Sony shows PlayStation 4 capabilities, but no box

As the salary will be decided by an independent panel which hasn't been set up yet, the figure won't be decided until the panel presents its findings to a full council meeting.

BBC: How much should Salford's directly elected mayor be paid?