http://www.tweaktown.com/news/53543/...r-7/index.html

Sony's new upgraded PS4 console (aka PS4 Neo, PS4.5, PS4K) is set to be revealed during the PlayStation Meeting event on September 7, key industry sources have told the Wall Street Journal. Sony Interactive Entertainment President Andrew House confirmed the high-end PS4's existence ahead of E3 2016, affirming the console is specifically targeting "hardcore gamers" with 4K resolution support and upgraded hardware.

Although most current PS4 owners will likely adopt the new high-end model, Sony was careful to iterate that the PS4 "Neo" is still technically a PlayStation 4, so it won't replace the existing models and will instead sit in the same family. "It is intended to sit alongside and complement the standard PS4. We will be selling both [versions] through the life cycle," SIE President Andrew House continued.

The high-end PS4 will also play all existing PS4 games and won't have any exclusive titles: "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."

As a high-end console the PS4 Neo will be priced at a premium and, according to Sony's Andrew House, will be "more expensive than the PS4's cost at launch," which was $350. We estimate the PS4 Neo may start at $399, with different price brackets for each storage tier.