WHAT WE KNOW
The Sony PlayStation 4 has a X86 CPU and 8GB of memory.
Gamers will be able to share video clips of their gaming prowess.
Those with a Sony Vita will be able to use their handheld gaming device to seamlessly play PS4 games.
If you have a smartphone or tablet, you will be able to watch your friends play games.
The DualShock 4 gaming controller has a light panel, which has a colour selection to identify players, a built- in touchpad and a Share button.
There will be easy ways to share gaming videos to Facebook and stream video of them over Ustream.
The PS4 is built with the concept of personalisation, Sony says.
The console will learn what games players like and dislike to make buying recommendations.
Players can begin playing new games bought online before they are fully downloaded.