Looks like we'll have a PlayStation VR price and release date next week

Sony has sent out invitations to a PlayStation VR-focused event which will take place March 15, during the annual Game Developers Conference (GDC). The company itself isn't saying much beyond the time, date, place, and that there will be hands-on demos available after the presentation, but the whispers on the wind suggest this could be the day Sony reveals its virtual reality headset's price and release date.

While GDC isn't usually the place for such reveals, it was at GDC 2014 that we first saw PlayStation VR - or as it was then called, Project Morpheus. Sony's other major competitors in the burgeoning VR market, Oculus and HTC/Valve, have already announced prices and release dates for their headsets, so it wouldn't be too surprising for Sony to finally do the same.

If you want to place some bets on the peripheral's final cost and release date, here's some helpful info to keep in mind: The Oculus Rift costs $600, while the HTC Vive costs $800. Both require more powerful hardware than a PS4 to run and are more advanced in terms of physical specs. Sony CEO Andrew House says we can expect PlayStation VR to cost roughly the same as a new console. And lastly, earlier this year, GameStop Paul Raines said that PlayStation VR will arrive in the fall.