Sony announced during an extensive two-hour presentation that their PlayStation 4 (which will be called the PlayStation 4) will release before 2013. The company said that the system will have an architecture friendly to developers with an 8-core x86 processor, "enhanced GPU", 8 GB of unified GDDR5 memory, hard drive, and a secondary custom chip to handle social features and uploads/downloads.
While the console itself was not shown, they did have the DualShock 4 on display. This newly redesigned DualShock will feature enhanced rumble, reduced controller latency, a touchpad, share button, headphone jack, a speaker, and lightbar to identify players.
The system will also ship with an updated PlayStation Eye that will include two cameras and four microphones. Additionally, there will be complete integration with Gaikai, allowing friends to play remotely with you, PS4 streaming to the PS Vita, and backwards compatibility for PS3 titles (something David Perry says will eventually come to “every device.”)