Sony has finally put an end to rumors, confirming PlayStation 4 Neo existence. In an interview released to Financial Times, CEO Andrew House confirmed the new platform exists but won’t be officially announced at E3 2016, where it was expected to rival against Xbox One Slim.
Andrew House, president and global chief executive of Sony Interactive Entertainment, told Financial Times that the “high-end PS4” would be more expensive than the current $350 version.
“It is intended to sit alongside and complement the standard PS4,” he said. “We will be selling both [versions] through the life cycle.”
The new console, which is codenamed “Neo”, will target hardcore gamers, he said, as well as consumers with a 4K television set looking for more high-resolution content.
“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,” he said. Developers should also see a “seamless” experience between the two versions, he said, requiring a “small but manageable” amount of extra work when creating a game for both.
“The consumer is attuned to a different cadence of innovation in technology thanks in great part for the upgrades cadence on mobile phones or PCs,” House added.
As with the current PS4 and its forthcoming VR headset, the new console will be “standalone profitable at the time that we launch it”.