WSJ Reports Next-gen PlayStation Will Launch This Year
Rumors already swirling regarding the PlayStation event later this month.
Sony last night announced plans to hold a PlayStation event in New York City on February 20. Though the company didn't mention specifics, it's thought that this future of PlayStation event will be the unveiling on the PS4. Since the invites went out, the Wall Street Journal has spoken to sources that say, yes, Sony will introduce the PS4 to the world in less than three weeks time.
The Verge cites WSJ as saying that the new PlayStation will launch in time for Holiday 2013. This is in line with previous speculation about the device. The Wall Street Journal's sources also say that the PS4 will feature more social gaming as well as changes to how the user interacts with the console.
Recent rumors suggested that the next Playstation could be equipped with GPU switching technology. We previously heard that Sony will be using an AMD APU as well as a Southern Islands GPU in its next game console. What's more, Sony applied for a patent describing an automated GPU switching process in 2009. This provides further credibility that Sony is aiming for a flexible, power optimized GPU infrastructure for the PS4.
Thankfully, we don't have long to wait before we'll be able to sort the facts from the fantasy. Let the countdown begin... Just 20 days to go!

/wishful thinking from a Fallout junkie...
I'm so glad I jumped ship from the sinking mess called consoles. I bet the launch title will be called Farm of Duty Field Waggleville: Party Pack Game of the Year Edition.
Only if it launches after AMD launches its Sea Islands GPUs. Otherwise it's still current technology.
I can deal with drivers that need updating.... apparently you were not involved in this:
http://www.engadget.com/2011/03/01/nvidia-faulty-gpu-class-action-settlement-challenged-but-times/
Nvida lied about their GPU issues for something like 4 years until they were sued...... AMD admits when they have problems. You can stick with companies that lie about what their products can do.
If I maded CoD for the PS4/720 I woould charge $70 and people would pay it...
Indeed, they will pay $65-$85 and we'll pay $10-$15 to download the PC port to our gaming rigs.
That's some wishful thinking right there? A 480? nope.avi
I believe it when it's official release date is anounced.
And even then I'm thinking this console could get delayed (Remember PS3's CPU?)
I think that it would take months just to manufacture the first consoles. I mean really they will need like 100,000 or some crazy high amount. And I'm sure there will be shortages...
Speaking of which... I saw Wii U consoles at Wallmart, just sitting there under the game case, I didn't care, no one else seemed to either. Obviously no shortage there... No one seems very interested in those aside from the Nintendo fanboys and the people that just can't live with out Zelda, Metroid and Mario.
All of that aside, I hope that it does come out this year. Although... I'm not sure I'll get one. For the last 6 months I've only been playing PC games and my PS3 has been used as a DVD/Netflix/Hulu box.
It's AMD hardware, actually... so it makes no sense to list nvidia hardware.
Not sure if the following is accurate, but here's the rumor:
PS4 Specs Leaked Orbis Details and Release Date Rumors for Upcoming PlayStation 4
http://www.enstarz.com/articles/12502/20130131/ps4-specs-leaked-orbis-details-release-date-rumors-playstation.htm
"The Liverpool SOC features a custom implementation of AMD, fusion APU architecture (Accelerated Processing Unit) that provides good performance with low power consumption.
It reportedly also has an integrated CPU and GPU.
The CPU will have eight Jaguar cores at 1.6 Ghz, arranged as two "clusters," each cluster contains 4 cores and a shared 2MB L2 cache.
Its GPU will contain AMD's "R10XX" (Southern Islands) architecture, DirectX 11.1+ feature set, liverpool is an enhanced version of the architecture, 4 GB unified system memory and 176 GB/s with 3.5GB available to games.
Read more at http://www.enstarz.com/articles/12502/20130131/ps4-specs-leaked-orbis-details-release-date-rumors-playstation.htm#49X4JBMq4xYwij32.99"
"The PlayStation 4 will have an internal mass storage at 500 GB HDD and a RAM speed of 4GB."
HAHAHAHAHA!!
Here's the thing. In 2011 at ECGC Nvidia predicted a 10x increase in GPU power by 2015 - http://www.gamersnexus.net/news-industry/548-nvidia-predicts-10x-gain-in-gpu-power-by-2015-ecgc-keynote . Let's assume it's about a 6-7x increase in today's power by 2016. A 7750 is about 4x the power of a 360. Although it's not the best comparison, I'll use TFLOPS to compare power. 6-7x that will be 6-7TFLOPS (ish). Consoles will probably be 1.2-2 TFLOPS. 3 years after the new consoles will be released the hardware gap will be similar to, if not more than what it is now, almost 8 years after their release. If it's ~2020 release for the next next consoles then..... Yeah.
Don't get me wrong, I'm looking forward to them releasing but I'm not exactly excited at this moment in time. I want to see hardware specs.
I'm going to play it cautious with consoles this time. I think we're looking at another Dreamcast showing up this generation. The question is who will be producing it -- Nintendo, Sony, or Microsoft? With Apple getting into the market any time, Valve entering soon, and smaller independent projects on the way the console space is going to look pretty crazy. I don't want to buy a platform only to see it lose support a year after purchase. I think that's bound to happen with one or more of them this time.