image According to source of the Wall Street Journal, Sony will indeed announce a new version of its game console, Sony PlayStation 4 on February 20th event. Later, industry journalists also received an email touting a 6 p.m. EST event in New York on that date.

Traditionally major game console platform renew their hardware every 6 or 7 years. 2013 seems to be that time for change. With Nintendo’s Wii U, now with the PlayStation. The Microsoft Xbox is also expected to unveil the successor of the Xbox 360 shortly.

Beside raw hardware performance, we should expect to see innovation in user interface including gesture recognition,  media streaming; gaming community interaction, store, etc..

The Sony PlayStation Network currently has over 69 million users worldwide.  It comprises an online virtual market, the PlayStation Store, which allows the purchase and download of games and various forms of multimedia, a subscription-based online service known as PlayStation Plus and a social gaming networking service called PlayStation Home, which has over 14 million users worldwide. PlayStation Suite is an upcoming software framework that is aimed to provide PlayStation content cross-platform and cross-devices; currently only Android and the PlayStation Vita devices are supported. Content set to be released under the framework consist of only original PlayStation games currently

Below is a mystic teaser posted by Sony…

[WSJ]
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