In an interview with the Financial Times, global chief executive of Sony Computer Entertainment, Andrew House, revealed and confirmed some startling things about the PlayStation 4 Neo. For one, it won’t be showing up at this year’s E3 event. So temper thy hype. Two, the system will not cost the same as the PS4… it will be more expensive. And three, Sony plans to support the PS4 and PS4 Neo throughout the remainder of the generation.

According to IGN, they note that House confirmed that the PS4 Neo will support all of the PS4’s current library, and that moving forward the PS4 Neo will continue to support the PS4’s library. Whether that means it will also support PlayStation Now remains to be seen, but hopefully all the functionality, apps and software are still supported by the system, and it’ll just get a beefier upgrade when it comes to processing power and visual output.

Rumors previously stated that the console would be designed to run media at 4K and 60fps, and that it would at the very least be able to run all current and newer games at 1080p and 60fps.

According to Andrew House, he stated in the interview with the Financial Times…

“It is intended to sit alongside and complement the standard PS4,” […] “We will be selling both [versions] through the life cycle.”

 

“[It won’t be at E3 because] we want to ensure we have a full range of the best experiences on the new system that we can showcase in their entirety.”

Tough break about the E3 news, it just means that it’s one less reason to be excited for it.

You can add the Nintendo NX and the PS4 Neo to the hype-killer list.

Despite the buzzkill about not showing up at E3, it still leaves a lot of people wondering and questioning exactly what the benefits are of this new system and why it will be worth paying more for it?

According to Sony they won’t be selling it at a loss but at a profit, so the upgrades are still going to be minimal compared to today’s standards of PC gaming. Don’t expect it to rock anything remotely close to a GTX 1080. And despite House confirming that the system will cost more than the standard PS4, no price range or details on pricing was disclosed for the PS4 Neo… other than that it will be more expensive than the standard PS4.