PS4 Rumours: WSJ claims release is imminent

Sony is set to reveal to the world its next console at its teased February 20th event, according to "people familiar with the matter".

The Wall Street Journal claims to have spoken to insiders who know that the next generation gaming machine will be unveiled at the hinted at event.

Furthermore, these sources claim that the device will be released later this year to coincide with the release of Microsoft's next Xbox.

These new releases would be perfectly timed, as both console makers have seen sales in their ageing devices fall as they approach market saturation and speculation of newer models puts off potential buyers.

Last night, Sony invited gamers to "see the future" in a tweet that linked to a cryptic video and a date (February 20th, 2013).

Additionally, the company launched a site that encourages people to sign up with their e-mail address to be the first to know of the announcement, scheduled to take place at 6PM EST.

This comes after months of speculation around an upcoming debut of Sony's PlayStation 4, codenamed Orbis, which was fuelled by the discovery of a PS4-titled website by high-profile developer Quantic Dream.

James Lee

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James Lee is a freelance writer and analyst with extensive experience in the technology, media and games sectors. For the past few years he has provided content for internationally published industry reports, SEO companies and a variety of news-focused websites. Prior to this, James was responsible for covering news and producing in-depth features for GamesIndustry.biz while occasionally contributing to its sister-site. Eurogamer.net. In addition to this he has contributed to other notable sites such as CVG.co.uk, Edge-Online and DigitalSpy.