Earlier this week there was much speculation of the possibility of a PlayStation phone announced on December 9th. Recently new rumours have surfaced about the details of the new phone:
* The display is “mind-blowing” and on-par (to the naked eye) with the iPhone 4′s Retina Display. Sony has introduced some Bravia technology into it and leverages on the brand when highlighting the display
* Won’t ship in time for the holidays and might be aiming for February
* Off-contract price to be around $500 with 5 free games included
* Games to be priced around mobile gaming prices, such as sub-$10, unlike the higher price for PSP games
* The Z-System name is still being thrown around, and while specific details on it aren’t available, it has been used to describe both the gaming platform and the distribution center
The details have been reported by a number of sources, so there is a high chance they are true, although nothing has been confirmed.
Source: http://www.tekgoblin.com/2010/11/25/more-details-on-the-new-playstation-phone/