Sony unveils the PlayStation 4, coming this holiday season

Sony introduced the PlayStation 4 at a media event on Wednesday evening nearly seven years after launching the company’s current console back in 2006. Some 1,200 members of the press were on hand to witness the unveiling of a new...

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The new virtual PS4 exists in the clouds ???? teaser release that disappointed majorly!! Selling all my ps stuff getting a shield

It all comes down to pricing if it costs over $400 it'll be a failure for sure. The PS3 started taking off once the sticker price lowered. Have to remember the new Xbox will be coming out as well and if PS4 is more expensive then it could be their downfall.

$500+

So much for all the PS3 games I bought... what a waste of money

It'll come in between $350 - $400. No way will Sony price this at $499.

Sounds like a 3.5mm jack for the controller, good. Sounds powerful. Easy architecture (saving grace for the devs).
Predictive downloading sounds dumb and download heavy. Sounds too powerful (expensive). Seems too early (much sooner than the xbox).
Otherwise this looks interesting. Will be waiting on the announcement of the xbox 720 (or whatever, whenever they should announce it this year) to compare...

I guess $550USD in USA. Even that's a bit steep though.

I have a hunch the price will be equivalent to the launch price of the ps3 (which was waaaaaaay too much). My guess is $499 for the 120gig model and $599 for the 250gig model.

@ dennis777
Wait so what's your PS3 sitting there for?

I buy new ps4 - ps4 cant play ps3 titles - will have 2 console in living room - its like buying an xbox360 even you have a ps3

hope you understand

Advanced PC graphics...Whats that a 9800GT? or a 86x CPU that's not detailed enough for my tech tastes. I do like the 8GB ram, for a console that is juicy and very needed. As for price, this baby already has been rumored for Mid 400s and a bigger HDD probably with some accessories for mid 500s. As a console it sounds....appealing, but the price is a problem...Like others said, even if the 720 is weaker(as it has been rumored) by even 50%, or 33% if it's sticker price is lower gamers will flock and Sony will lose big time. But I guess you get what you pay for right? PS3 in my opinion was a far superior product then 360s mess.

SIGH..another site completely blows the headline. Nothing was "unveiled". We've gotten a handful of details and a look at what is in all likelihood a prototype controller that could still see changes. And their biggest selling points? Social media and sharing your in-progress games. Like anyone gives a f#*k about watching you play a game, LOL! Sony made complete fools of themselves with this meaningless waste of two hours.

8GB "GDDR5"? The GeForce Titan only has 6GB. This thing could blow all gaming PCs out of the water.

3 way SLI try 18GB GDDR5!!!!!!!!

8GB unified memory is not 8GB GDDR5. It's more like 2GB DDR3 for graphics.

Cloud Cloud Cloud.

Don't they reign down on you?

"On a performance level, we are told that the system is capable of rendering 30,000 polygons in real time. For comparison, Heavy Rain on the PlayStation 3 utilized just 15,000 polygons."

Huh... Beyond Two Souls is going to do 30,000 polygons per character and that is a PS3 game.

The PS4 is probably going to be more like 200,000+

Am I the only one who thought last night was very impressive?

The game engines look stunning and the console has a while before they bring out the full potential, so things are only going to look better from here.

I like the fact that its x86, meaning PC gamers can now moan if the port isn't very good as there isn't much of an excuse anymore, I like the 8GB of GDDR5 Ram, I like the share button, I like the GPGPU accelerated Physics, These are firsts for consoles and are looking darn impressive, the old man with the expressions was particularly impressive to me, I am genuinely excited about this console, I think Sony are taking gaming seriously this time round, to have Bungie turn up? and Blizzard?! that's feat almost on its own.