Sony announced the PS4 in mid-February 2013, but the model is not expected to hit the market until the 2013 holiday season but many stores allow consumer to preorder. Most tech experts predict a mid-November release, but a specific date is not available.
The PS4 itselt is expected to cost about $400. Game titles are likely to cost about $60.
Shared gaming was central to the introduction of the PS4, with developers creating ways for gamers to share the gaming experience -- both through live shared streams and uploads of game triumphs.
The PS4 will have access to the PlayStation Network, which provides downloadable content and streaming services (such as movies and music). Unlike the Xbox One. the PS4 will not require a 24-hour connection to the Internet. In addition, PS4 will allow gamers to purchase and play used games on the system, without restrictions.