At an occasion in New York, Sony has announced its next generation gaming console the PlayStation 4. Its new hardware is planned to offer superior graphics as well as new social features including the sharing of recorded gameplay clips. It will be successful the PlayStation 3, which went on sale in 2006 and has sold about 75 million units. Sony's next generation device is likely to take on more significance not less.
A successful launch might urge on sales of Sony's new televisions and other consumer electronics, helping turn around its fortunes.The PS4 will ultimately compete against Microsoft's still-to-be-unveiled Xbox 360 successor and Nintendo's Wii U.Sony also confirmed a series of big-name software for the machine including Bungie's upcoming shared-world shooter Destiny, which will include exclusive content for the PS4. The developer's preceding title, Halo, helped drive sales for the rival Xbox platform.