Earlier on Tuesday, reports from Vice Gaming and Gameblog claimed that PlayStation would hold an event that day to unveil its PlayStation 4 Neo.
Sony’s updated console’s arrival comes as the console videogame industry has entered a tailspin. Sales of new videogames, consoles and accessories at U.S. retail shops fell 22% in December when compared with the same time a year prior, according to surveys by industry watcher NPD Group.
Microsoft recently debuted the Xbox One S, which is a slimmer and refined version of its original 2013 model. While the company is planning to debut a Neo equivalent called Xbox One Scorpio in 2017, it is selling the S as its high-end model through the rest of this year and into the next. Sony is jumping out early with a new GPU and CPU inside the Neo.
“If you’re unfamiliar, the Neo is expected to play all the current PlayStation 4 games out there, but offer more horsepower for better graphics and frame rates. It’s expected to also support 4K games, movies, and TV shows.
With that extra horsepower, the Neo will likely be the ideal console to power the company’s upcoming virtual reality headset, PlayStation VR, which arrives in October.
We look forward to learning more about the PlayStation 4 successor on September 7. The event starts at 3 p.m. ET.”
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Several updates and new announcements.