Sony is expected to unveil its next-generation home entertainment video game console at a press event on Feb. 20.
Sony might be releasing information about its new Playstation console, as early as May 2013, according to an interview with the Chilean tech website Emol.
If a recent comment of Activision’s CEO Bobby Kotick is to be believed, there could be only one new console to be released next year - Xbox 720 Or PlayStation 4.
Sony's next generation PlayStation 4 release rumors are spreading like wildfire even though the company hasn't stated any official word for the gaming console launch.
Earlier this year, the codename for the next-gen Xbox was revealed as Durango, according to a developer summit in London. And now, Sony's next-generation PlayStation console (PlayStation 4 or PS4) has apparently been codenamed Orbis.
The International Data Corporation (IDC) has issued a fresh report suggesting previous forecasts predicting the demise of the console market were premature, suggesting the market will rebound early 2012 as the next generation of consoles begin to be rolled-out.
Sony is expected to launch its PlayStation 4 (PS4) gaming console in 2012 that will feature body movement-based control like Kinect, a motion sensing input device developed by Microsoft for the Xbox 360.
Sony says PS4 development is underway and the next console won't have an initial overhead investment like PS3.
