Sony Confirms Upgraded Playstation 4, Code Named PS4 Neo

E3, a.k.a. gamer heaven, kicks off on June 14 (Fuse will be there!), but the announcements that are usually made at the convention have already begun. Sony Interactive Entertainment president and CEO Andrew House tells the Financial Times (via Polygon) that a luxe new edition of the Playstation 4 is officially on the way. Its codename? PS4 Neo.

The revamped console will be pricier than the current $350 version, and they're actually made to "sit alongside and complement" each other. Sony is not phasing out the original console. "All games will support the standard PS4 and we anticipate all or a very large majority of games will also support the high-end PS4," House says.