Xbox One vs PlayStation 4

Microsoft unveiled yesterday its much awaited next-generation Xbox console dubbed as Xbox One at its headquarters in Redmond, Washington. Not much has been talked about it.

It is also learned Sony's PlayStation 4 is just around the corner. It may be released later this year.

Let us compare the two great consoles that have not hit the stores.

It is speculated the PlayStation 4 to have 8GB GDDR5 RAM and Microsoft announced the Xbox One will come with 8GB of DDR3 RAM.

Sony unveils PlayStation 4 without revealing price

At "PlayStation Meeting 2013" event today at New York City Sony unveiled PlayStation 4 with much promises and no mention about price.

The new PS4 has a supercharged PC architecture equipped with X86 CPU and enhanced PC GPU having GDDR5. The details of the GPU has not yet been specified by the gaming giant.

LIVE: Sony may unveil PlayStation 4 today. Join us for LIVE updates

It has been rumored for months that Sony is developing the next-generation gaming console. Rumors and leaks several times suggested it would be named as PlayStation 4 aka PS4. Today is the D-day when the truth will be unwrapped when Sony lifts the curtain from the new gaming console.

Sony soon to launch PlayStation 4. What to expect from the console (Part II)

Sony soon to launch PlayStation 4. What to expect from the console (Part I)

Sony had made known its desire to instill PlayStation 4 as the living room hub. This device may be a precurser of Sony's speculated online TV service, or possibly double as a DVR.

Sony soon to launch PlayStation 4. What to expect from the console (Part I)

Come February 20 and Sony will announce the advent of its new product, the PlayStation 4, in an event in New York City. This device comes as the next generation of console gaming.