Actually, what usually happens is that dollars are a 100th of Yen, Euros are the same as Dollars and Pounds are converted from Euros and rounded up to a simple number.
PS3 60GB was 59,980 Yen at launch, $599, 599 Euros and £425.
If PS4 is going to be 40,000 Yen, I'd expect $400, 400 Euros and £350-380.
Why are they not just straight conversions from Yen? Import taxes, that's why!
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