President and CEO of Sony Computer Entertainment America Jack Tretton announced that the PSP successor, the PlayStation Vita, will launch in the United States on February 22, 2012. This will follow the initial release in Japan on December 17. The PS Vita, with its 5-inch OLED screen, dual analog sticks, dual cameras, and front and rear touch panel and social networking applications like Facebook, foursquare, Skype, and Twitter, will sell in two SKUs: the 3G model (with AT&T support) will cost $299, while the WiFi-only version will go for $249. Now peep the packaging above and start saving!

[Via PlayStationBlog]