At E3 2014, the PlayStation 4 Console Design was shown for the first time.
Officially abbreviated as PS4, Sony’s system will be launching in fall 2013 where it will compete with Nintendo’s Wii U and Microsoft’s Xbox One.
PlayStation 4 will have no used game restrictions or restrictions on lending or renting. There is no online connection required for PlayStation games.
Smartphones and tablets can be used as second screens for the PlayStation 4, along with the PlayStation Vita.
Sony will also debut cloud-based gaming service Gaikai for save games and DLC.