PlayStation Phone shows itself, drama ensues

We like writing about rumors and truths, but as far as fakes go, we wouldn’t dream of it, which is why we’ve been waiting for this entire PlayStation Phone rage to settle a bit.

To make a long story as short as possible, here it is: the PlayStation Phone has long been rumored about, but it was only last night when Engadget showed visual proof of the phone’s existence – handed to them by “multiple, trusted sources” – that things took off and scattered reports of its fakery spread across the internet as fast as a cell-surfing virus, claims that were shot down this morning.

What also makes the phone’s existence believable is the fact that Sony’s initial ‘it’s fake’ response was later retracted and replaced with the customary ‘we don’t respond to rumor and speculation’. An answer we’re most familiar with, especially when it comes to Sony.

Also, the alleged codename “Zeus” that was put forward was also confirmed to VG247 by one of their “watertight” sources, whom also considers the allegations of the phone being based on PSP tech a lie given the rumors of another worst-kept secret of Sony’s, the PSP 2. The site was told today that the phone is Android-based, giving credibility to both its source and the pictures forwarded by Engadget.

As far as its insides go, it’s reported to sport a “1GHz Qualcomm MSM8655 (a chip similar to the one found in the G2, but 200MHz faster), 512MB of RAM, 1GB of ROM, and the screen is in the range of 3.7 to 4.1 inches,” and has a microSD slot rather than one for Memory Stick.

Let’s not forget that it’s also been clearly informed that the phone is in its development stages, which would make the one shown in the image above, a prototype. A buggy one at that, as reported.

All in all, both sites swear by their sources and keeping in mind that Sony is about the worst company in history in their ability to keep secrets within it, we’d say the phone is real enough and that it’s only a matter of time until it’s made official. The question is, how will it hold up against the PSP consoles but more importantly, against Android-based phones and Apple’s iPhone which are both its direct competitors?