That’s right, Sony President Ken Kutaragi recently held a press conference announcing the imminent release of the Sony PlayStation4. He States it to be “a leap ahead of our competition”. He Plans possibly to have PS3 games run thru the new PS4 system, but with greater quality and functionality. He then later plans on Designing games made specifically for the PS4, but announces that this is not possible with the current technology. The PS4 is said to be released around Christmas this year.

It can only make one wonder what Microsoft will come up with to retaliate such a release.