Update 09/05/2018: Carving our way through May and swiftly approaching the time of year that is possibly best described as 'basically summer', there's no sign whatsoever of deals drying up any time soon. As such, we've gathered together a fresh batch of the best deals available to you right now, all of which you'll find below.
"I always hate predicting the future."
Limitations, marketing issues - and how it can afford that low price point.
"We're wrapping our arms around it on all levels of the organisation."
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PlayStation has released a free PS4 theme to celebrate International Women's Day - you can see its background image below.
Sony has launched My PlayStation, a snazzy new browser version of your PSN profile for use on desktops, tablets and smart devices.
PlayStation's official Nike trainer launched on Saturday - but many fans were left unable to buy a pair of the limited edition shoes.
For starters, PlayStation had promised the shoes, which light up and feature a PSN Store code for an exclusive console theme, would be available worldwide. Alas, this was not the case.
Eurogamer social media manager and noted shoe fan Paul Watson was one of those affected.
UPDATE 8TH MARCH: PS4 system software update 5.50 launches today! Sony announced the rollout in an 'everything you need to know' post on the European PlayStation blog.
ORIGINAL STORY 6TH FEB: Sony's revealed new features coming to the PlayStation 4 as part of the 5.50 update.
The update, which begins today in beta form, introduces play time management, library and quick menu updates. But perhaps the headline addition is a supersampling mode on PS4 Pro. This lets those with HDTVs get a better visual experience when playing some PS4 games. Here's Sony's official blurb, courtesy of the PlayStation Blog.
PlayStation 4 shipments have now passed 76.5m consoles.
Sony has announced Kaz Hirai will step down as boss of the company on 1st April.
Here's a couple of new controller colour options for your PlayStation 4: meet the sleek-sounding Midnight Blue (sort of navy) and Steel Black (which looks silver to me).
It's an exciting day to be a PlayStation fan. As well as a range of amiibo-like figurines, Sony has also announced an official PlayStation shoe.
Nike is making the colourful boot, in collaboration with NBA All-Star Paul George.
The shoes boast light-up PlayStation symbols with not one but three settings - "off", "on" and "pulsing".
Imitation is the sincerest form of making some quick cash, as the saying goes, so here is a range of PlayStation characters in the form of figurines like Nintendo's amiibo.
The PlayStation 4 has now sold an impressive 70m units worldwide.
Black Friday 2017 has now passed into history. If you're still in the market for a new PS4, upgrading to a PS4 Pro, or just picking up some half-decent games for less then you still have some good options to choose from - you should head over to our new page on PS4 Cyber Monday deals.
As Cyber Monday ever so gradually draws to a close, you may be expecting the deals to start dissipating one by one. Think again, friend - much like Black Friday before it, Cyber Monday is no longer just a one-day event. Indeed, the deals will be continuing until later this week, with brand new offers showing up every once in a while. Here are our top picks for the very best of the bunch.
Sucker Punch, developer of inFamous and Sly Cooper, has shown off its new project - an open world samurai game named Ghost of Tsushima.
Samurai! Cars! Domestic abuse! Women being hit with hammers! It's your Sony conference. All the action as it happened.
Sony has announced a few officially-licensed wired PlayStation 4 controllers - and one of them looks a bit like a Nintendo Switch Joy-Con.
Isn't 'firmware' a boring word? It sounds like a pair of body-control underpants. Anyway, PlayStation 4 firmware 5.0 has been released. It is 374.7MB.
The biggest additions come from an eSports push, and among them the ability to form teams for games while outside of the game, it sounds like. Problem is, the only games supporting the feature are Uncharted 4 and Mantis Burn Racing - for now.
Teams can register for upcoming events, can have customised names, logos and profiles, and can display results on their own team page. Teams can have up to 100 people and you can, apparently, be part of 60 teams at once, which sounds confusing. Team-chat is built in.
Andrew House is no longer the boss of PlayStation, or Sony Interactive Entertainment if you want to put it poshly. He hands the reins to his deputy, John Kodera, but will remain as director and chairman until the end of the year and then, it seems, toddle off.
Sony has announced a hardware update for PlayStation VR is in the works.
The updated PlayStation VR model will include a new design, packaging and an improved processor unit.
"The new version, model number CUH-ZVR2, features an updated design that enables the stereo headphone cables to be integrated with the VR headset and a slimmer, streamlined connection cable," said Sony. "There's also an updated Processor Unit that supports HDR pass through, enabling users to enjoy HDR-compatible PS4 content on a TV without having to disconnect the Processor Unit in between the TV and the PS4 system. This function can be used only when the VR headset is turned off."
UPDATE 9.30pm: It looks PSN is back on its feet after downtime earlier today for Virgin Media users.
Sony has announced players can receive 15 months of PlayStation Plus when they purchase a 12 month membership from the PlayStation Store.
I don't know who at Sony designs these custom PlayStation 4 controllers, but someone needs to have a quiet word.
UPDATE 17/8/17: Sony has now confirmed PlayStation 4's 5.0 firmware update, as revealed by Eurogamer earlier this month.
Beta testers should receive the new firmware from today.
As detailed below, there are changes to your PS4's parental control features and parent/guardian plus child accounts, as well as 1080p60 support for Twitch streaming on PS4 Pro.
PlayStation trophy hunters in North America got a pleasant surprise on Tuesday when a game that claimed to have the fastest Platinum trophy ever made its way onto PSN.
Playstation 4 has launched its newly updated TV & video experience today. The new design is meant to allow players to find all their video and streaming services in one place.
PlayStation has announced it will sponsor this year's London Pride, with the hashtag #forALLthegamers.
Buy a 12-month subscription to PlayStation Plus and Sony will give you a free copy of Star Wars Battlefront's Ultimate Edition.
Photos have popped up online of a new gold-coloured PlayStation 4.
Sony is yet to announce the new console colour, which is for the regular (slim) PS4 - not the Pro - with a 1TB hard drive.
Pictures show the console on sale at US retailer Target. Eurogamer understands the images are genuine.
Sony has manufactured its final PlayStation 3.
After a decade on sale, PlayStation 3 production ends soon.
Sony will uncork PlayStation 4's latest update for everyone tomorrow, unlocking several long-awaited features and PS4 Pro's much talked about Boost mode.
PS4 system update 4.5 will finally let you store and run games or apps from an external hard drive or USB drive. The only caveat is that your device needs to be between 250GB and 4TB in size.
You can also now set a screenshot as your background, post status updates and GIFs of your gameplay in your activity feed, voice chat while using Remote Play and watch 3D Blu-Rays using PlayStation VR.
A note from the editor: Jelly Deals is a deals site launched by our parent company, Gamer Network, with a mission to find the best bargains out there. Look out for the Jelly Deals roundup of reduced-price games and kit every Saturday on Eurogamer.
Well, it's about time. PlayStation 4's next system update, out now for beta testers, will allow you to connect an external USB
PlayStation 4 continues its remarkable sales success, shifting more units during the crucial Christmas quarter than any three month period so far.
Sony has announced the Glacier White PlayStation 4 model, which will go on sale in the UK within weeks - on 24th January.
The console is the slimmer PS4 variant introduced last year and comes with a 500GB hard drive.
Sony's announcement suggests the console is a permanent new addition rather than a limited edition. Here's a closer look at the design:
On 1st January, Sony put out a video showing off the PS4 console exclusives coming out in 2017. I spotted 23 games, a mix of Sony-made games coming only to PS4 and games from external developers coming to PS4 as console exclusives. It's a tidy list of titles. Let's have a look:
The PlayStation 4's sales success continues: as of 6th December it had sold over 50m units.
UPDATE 15/11/16: Sony has made its decision. Its new bear mascot has a name. And that name is...
Sony's latest financials reveal a further 3.9m PlayStation 4 consoles were shipped between the start of July and end of September, taking the worldwide tally up to 47.4m PS4s shipped. PS4 passed the 40 million worldwide sales milestone in May.
That three-month period included the launch of the cheaper PS4 Slim console, which arrived in 500GB form 16th September, and 1TB form 29th September.
That three-month period did not include the 13th October launch of PlayStation VR, sales of which, Sony said in the financial report, "are on track".
Your PlayStation 4 dashboard will soon host a Tournaments feature, in collaboration with ESL.
GAME has apologised for unfulfilled £150 PlayStation 4 bundle orders.
UK shops are today selling original PlayStation 4s at dirt cheap prices.
Albert Penello leads planning for Xbox, which means he's heavily involved when Microsoft works out what it's going to do next in video game land. It also means he keeps a keen eye on the competition - and right now that competition is Sony's recently-announced PS4 Pro and slim.
Today, Sony updated the PlayStation 4 so that it supports the High Dynamic Range (HDR) colour capabilities of some UHD, or 4K, TVs.
PlayStation 4's big 4.00 update is now live.
The system software update adds folders as well as a refreshed user interface.
There are new system backgrounds, updated system icons and revised pop up notifications and drop down menus that should help make the PS4's UI clearer.
It's really tricky appreciating PlayStation 4 Pro and all the 4K and HDR rhetoric without seeing it for yourself.
Last night Sony announced its PlayStation 4 Pro. As the name suggests, it is being marketed as a high-end device for players with 4K kit already in their homes.
Last night Sony announced the PS4 slim and the PS4 Pro. The slim is pretty much the same as the original PS4, except it's smaller, and the Pro is more powerful than the original. There's a lot more detail in Digital Foundry's in-depth report on the PS4 Pro.
Last night Sony announced the new PlayStation 4 Pro and PS4 slim, and alongside them, a raft of new peripherals.
Sony has finally, finally announced the new slim model PlayStation 4.
It will be the standard PS4 model from here on out and will launch in just over a week - although, of course, early units have already been in the hands of players for weeks.
The console's official launch date will be 15th September. It costs £259 in the UK, or $299 in the US.
Some of the biggest internet providers in the UK have ganged up to try and force through better internet in Britain - and it's calling on gamers to have their say.
We knew PlayStation Move would get a new lease of life when Sony's upcoming PlayStation VR headset launches, but now we know how the motion-sensing controllers will be sold: in a new double pack with PSVR branding.
Better late than never, Sony has finally enabled 2-Step Verification for your PlayStation account.
UPDATE: We can confirm that the PS4 Slim is real.
In our bid to confirm the veracity of the images that leaked online last night (more on that below), Digital Foundry's Richard Leadbetter visited the person who claimed to have bought the console from Gumtree.
We also have our own image of the PS4 Slim, below:
The PlayStation 4's next big update adds a folders option.
The beta for PS4's upcoming 4.00 update, codenamed Shingen, rolls out tomorrow for everyone included in the public beta program, Sony said.
The update refreshes the user interface, adds the aforementioned folders and updates the Quick Menu.
PlayStation 4K will finally be unveiled on 7th September at a special event in New York.
A new PlayStation 4 filing has emerged which looks like a Bluetooth wireless DualShock 4 adapter.
Sony has nearly 21m PlayStation Plus subscribers on its books.
Sony has forced a Saudi gamer to change his PSN Online ID after declaring it offensive.
PlayStation 4 owners can play online for free this weekend.
Sony has confirmed the long-reported existence of PlayStation 4K.
Referred to simply as a "high-end PS4" with support for 4K content, there's no word yet on when the machine might launch, or how much it will cost.
There will be no announcements next week at E3 either, PlayStation boss Andrew House has told Financial Times - hence the low-key confirmation now.
PlayStation 4 has now sold more than 40m units worldwide.
The console passed the 40m milestone this week, Sony reported today. It remains the fastest-selling PlayStation in the company's history.
Software-wise, 270.9m PS4 games have now been sold or digitally downloaded.
Sony will hold its annual E3 press conference at 6pm Pacific on Monday 13th June.
Sony's PlayStation Network made more money than all of Nintendo during the last financial year.
Five years after the great PlayStation Network hack of April 2011 - the one that saw more than 70m accounts compromised - Sony has announced plans to add two-step verification to the service.
PlayStation 4 users have discovered the console's latest update does more than advertised.
PS4 firmware 3.50 went out this week with the headline addition of PC and Mac remote play as well as the ability to appear offline.
But, as chronicled by eagle-eyed PS4 users on Reddit, 3.50 does more than that.
PlayStation 4's big PC Remote Play update arrives tomorrow, Sony has said.
PlayStation 4 fan Peter Byrne, who has cerebral palsy, has received a specially-made controller to help him play.
Twitch is finally available as a standalone app on PlayStation 4 in the UK.
More than 5.1m PlayStation 4 and Xbox One consoles have now been sold in the UK, according to new figures released by retailer GAME.
This compares to 3.5m PS3 and Xbox 360 consoles at the equivalent point in the last console generation.
The UK's current PS3/Xbox 360 userbase stands at 14.5m consoles sold, meaning that PS4/Xbox one is now a third of the way to beating it in just over two years.
This week, Sony finally revealed details of its upcoming PlayStation VR headset - which will launch in October with the eye-catching price of £349.
Last week, Microsoft dropped the bombshell that it would open up Xbox Live to allow cross-network play between Xbox One and other platforms - including other console platforms such as PlayStation 4.
UPDATE 11.55am: PlayStation VR pre-orders are back on at Amazon UK - but the retailer can no longer guarantee delivery on launch day.
Sony's San Francisco press conference, as it happened.
Microsoft doesn't report Xbox One sales any more, but we have a decent idea of how it's doing - thanks to EA.
Sony is trying - and, it seems, failing - to trademark the term "Let's Play".
Last week, Sony for the first time failed to include the prices of games as part of the weekly PlayStation Store update on the European PlayStation Blog - much to the annoyance of regular readers.
Sony has merged Sony Computer Entertainment - the long-running PlayStation business - with Sony Network Entertainment to form a new company called Sony Interactive Entertainment LLC.
If you use the PlayStation App on your phone or tablet then take note - the app will lose its messaging functionality today.
UK sales of PlayStation 4 and Xbox One were almost neck-and-neck over Black Friday week, retailers report.
PlayStation Network is having a wobble, no doubt as a result of a wave of traffic fuelled by the Black Friday shopping event.
You'll soon be able to play PlayStation 4 games on your PC or Mac via the console's Remote Play functionality.
PlayStation 4 has now sold over 30m units worldwide, Sony has announced.
30.2m units were sold as of 22nd November 2015, just over two years after the console went on sale. PS4 is the fastest-selling PlayStation console ever, Sony said.
PS4's remarkable sales success has seen it reach the 30m mark two months quicker than PS2, which went on to become the best-selling console ever. And all this before the bumper Black Friday sales spike and Christmas.
Sony has responded to comments from Belgium's deputy prime minister and minister of Security and Home Affairs, who claimed communication over PlayStation 4 is more difficult to monitor than WhatsApp.
PlayStation 4 users can now purchase a new avatar via the PSN Store.
The sales success of the PlayStation 4 shows no sign of slowing down.
Today, Sony said it had sold another four million PS4s during the second quarter of its 2015 financial year, which ended on 30th September. All this before the recently-announced price-cut.
The PS4 has now shifted a whopping 29.3m units since going on sale in November 2013. By comparison, the PS2 had sold 24.99m units after the same length of time on sale. The PS3 had sold 16.6m, and the Xbox 360 13.4m. (Microsoft doesn't report Xbox One sales.) The Wii, though, is the clear home console leader. It had sold 34.55m during the same time on sale.
Sony Computer Entertainment exec Masayasu Ito has reiterated PlayStation's stance on developing big budget Vita titles.
UPDATE: Sony has just announced a PS4 price-cut in the UK.
Xbox One is selling and Microsoft has regained some of the momentum it lost back at the console's disasturous launch. But will it ever recover to the point where it beats sales of Sony's PlayStation 4?
Game-streaming subscription service PlayStation Now has launched in the UK, priced at £12.99 a month.
More than 100 PS3 games are now available to stream via the service for PS4, PS3 and PS Vita.
Alternatively, individual games cost £2.99 to rent, or you can try the service out via a free week's trial.
Changes to the Consumer Rights Act come into effect today - and give gamers better protection when it comes to faulty goods.
UPDATE 30/09/2015 6.10pm: The PS4's new 3.0 features are now live and you can watch our very own Ian Higton walk us through them in the video below.
ORIGINAL STORY 29/09/2015 12.14pm: PlayStation 4's next big update goes live tomorrow.
3.00 system software update, codenamed Kenshin, will be available from 30th September.
Facebook functionality is being removed from older PlayStation platforms, Sony's support website has announced. The affected platforms are PlayStation 3, PS Vita and PS TV.
Sales of the PlayStation 4 in China have yet to take off, and Sony says a lot of that has to do with censorship.
You'll soon be able to jazz up your PlayStation 4 with colourful face plates - at least in Japan.
Sony has outlined the features coming in PlayStation 4's next big update.
Headlining the improvements set to arrive with update 3.00 (codenamed Kenshin) is a cloud storage increase from 1GB to 10GB for PlayStation Plus members, Sony said on the PlayStation Blog.
A new events hub is added. This gives you an overview of activities taking place in the games you play most. Sony said you may see an update for a double XP weekend, a special enemy appearing at a scheduled time, or seasonal events such as in-game towns being decorated for the winter.
Sony is letting people test PlayStation 4 firmware updates before they come out.
It's running a beta program to test the functionality of the console's next major system software update.
You can sign up here. You need a PS4, an internet connection and a master account - sub-accounts don't work.
Sony will hold its Paris Games Week PlayStation conference on Tuesday, 27th October at 5pm UK time.
Meet the Ouye, an upcoming console that looks like a PlayStation 4 with an Xbox One controller.
The PlayStation 4 will get YouTube broadcasting among other new features, according to various reports.
Sony is set to charge more for its one and three month PlayStation Plus subscriptions in the UK.
PlayStation 4 continues to make huge amounts of money for Sony.
Game & Network Services, the part of Sony that includes PlayStation, saw sales increase 12.1 per cent year-on-year to $2.365bn for the first quarter of its financial year. That's the three month period ending 30th June 2015.
Sony said this "significant" increase was due to increases in PlayStation 4 software sales and PS4 peripheral device unit sales, as well as foreign exchange rates landing in favour of the Japanese company.
Fancy a bit of PC first-person-shooter-style gaming on your PlayStation 4? Meet the Tactical Assault Commander 4.
UPDATE 10th July 2015: Notorious hacker group Lizard Squad has attacked Daybreak games including Planetside 2 in an apparent retaliation against boss John Smedley.
The 1TB PlayStation 4 comes out in the UK on 15th July, Sony has announced.
Europe's PlayStation Plus offering of free games will now be refreshed on the first Tuesday of every month.
That means EU users won't have to wait an extra day for the usual Wednesday PS Store update.
Tuesday is the day that the PS Store updates in North America, and when PS Plus games have always been refreshed there.
Microsoft's most eye-catching E3 2015 announcement was the addition of backwards compatibility to the Xbox One. It means some Xbox 360 games will be playable on the console.
A 1TB-sized PlayStation 4 console is in the works, according to new New FCC filings.
UPDATE 8.10pm Sony has responded to tonight's just-broadcast Watchdog report, which highlighted the company's own history of security lapses and questioned why PlayStation customers who had asked for refunds had not been treated in a fairer light.
UPDATE: Logitech's G29 is looking more and more legit - a listing recently appeared on Amazon's German site (and spotted by NeoGAF - thanks) giving a proper look at the three-pedal set-up, as well as revealing a 399 EUR price point, which would put it in line with similar peripherals such as Thrustmaster's T500. We're seeking further clarity from Logitech and will update as soon as we hear anything back.
The Advertising Standards Authority has given Sony a ticking off over its PlayStation 4 20th Anniversary Edition competition, saying it caused "unnecessary disappointment".
PlayStation 4 has now sold more than 2m consoles in the UK.
Sony's console has been on sale less than 18 months. To put that into context, it has reached the milestone faster than the mega-selling PS2 did in its lifetime (thanks, MCV).
Unsurprisingly, the console is also the fastest-selling console of 2015 so far.
Sony has temporarily cut the PlayStation 4's UK RRP to just £299.99.
The UK PlayStation Store currently lists PS3 action adventure inFamous as a PlayStation Now game.
PlayStation 4-exclusive Bloodborne managed to shift 152,567 copies during its launch week in Japan.
From Software's dark role-player topped Media Create's weekly software chart, ahead of numerous other new entries (thanks, NeoGAF).
For context, Sony has sold just over 1.25m PS4 consoles in the country - meaning around one in eight owners bought the game.
Soon, European PlayStation users will be able to easily check whether PlayStation Network is up or down.
Gamer Network, the lovely company which also operates this website, has begun selling tickets for EGX 2015.
A private beta for PlayStation Now begins this spring in the UK, Sony has announced.
PlayStation Now is Sony's game streaming service. It lets you play PS3 games on PS4 using Gaikai's cloud gaming technology.
PlayStation Plus members will given the opportunity to "be among the first" to use PlayStation Now, but you have to register your interest on PlayStation.com.
Games console subscriptions such as Xbox Live Gold and PlayStation Plus will now be included in the UK government's consumer price index, a ranking of commonly-used goods and services collated to determine the impact of inflation.
PlayStation continues to do the business for Japanese electronics giant Sony.
The PlayStation 4 will launch in China later this month.
PS4 and Vita both go on sale in China on 20th March, Bloomberg reports.
The sale of PS4 in China was blocked just days before a planned January launch after the government demanded changes.
PlayStation 4 has sold 20.2m units worldwide, Sony has announced.
That figure, which relates to sales of the console through to consumers since its launch in November 2013, is accurate as of 1st March 2015.
Sony's previous PS4 sales update was 18.5m as of 4th January, so, 1.7m units have been sold in the past two months - an impressive feat for the two quietest sales months of the year.
The top reason for buying a PlayStation 4 over its competitors this generation is the console's perceived "better resolution", a new US survey reports.
Electronics giant Sony has outlined a new three-year strategy for a return to profitability after a series of huge losses - and PlayStation is central to the plan.
PlayStation Network users can now upgrade their sub accounts to a master account.
Sony will unlock the PlayStation 4's multiplayer capabilities this coming weekend, allowing for free and unlimited online play.
Big PlayStation 4 sales helped Sony to a significant profit for the Christmas quarter.
The gargantuan Japanese company saw an 89bn yen (£500m) profit for the third quarter ending 31st December 2014. That's up from a 26.4bn yen (£148m) profit during the same period last year.
The Game and Network Services division, which runs PlayStation, saw an operating income of 27.6bn yen (£155m) for the quarter. That figure was fuelled by an impressive 6.4m PlayStation 4 units shipped to shops and a whopping 147m game sales. The same period last year, 4.5m PS4s and 128m games were sold, and the Game and Network Services division saw a 12.4bn yen (£69m) operating income.
The owner of a super-rare limited edition 20th Anniversary PlayStation 4 has customised their console and placed it back on sale - for £1999.
Music streaming service Spotify will launch on PlayStation 3 and PlayStation 4, Sony has announced.
UPDATE 18/02/2015: The mystery person behind the 15.135 million yen - or around £85,000 - winning bid for the PlayStation 4 20th Anniversary Edition charity auction failed to pony up.
Sony is contacting US PlayStation Network users with details of how they can claim compensation for the infamous 2011 PSN hack.
PlayStation's first exclusive TV series, Powers, will land on 10th March.
A superhero show starring District 9's Sharlto Copley, Powers will span 10 episodes.
The first three will be made available to watch immediately on 10th March, while the remaining seven will launch weekly thereafter.
UPDATE 23/1/15 9.50am: PlayStation UK has released the 10% off PSN discount code, which is valid for use from now until 9am UK time on Monday, 26 January.
An 18-year-old UK man has been arrested as part of an investigation into the recent DDOS attacks that crippled PlayStation and Xbox services over Christmas. (UPDATE: A day later, he was released on bail.)
Xbox One rounded off 2014 by shifting more US consoles during December than PlayStation 4, a feat it has now managed for two months in a row.
The PlayBox is a 22" laptop that combines a PlayStation 4 and Xbox One into a single machine.
Sony has postponed the Chinese launch of PlayStation 4 just days before its intended 11th January release date.
The company blamed "various factors" for the hold-up, according to a Reuters report.
A new release date has not yet been set.
The PlayStation 4 - like the Xbox One - includes a 500GB internal hard-drive, which for many is filling up fast.
PlayStation 4 has sold 18.5m units worldwide as of 4th January 2015, Sony has announced in a Japanese press release (via Gematsu).
PlayStation Now, Sony's video game streaming service, launches a subscription in North America next week.
Sony and Microsoft suffered over Christmas when a group calling itself Lizard Squad instigated a DDoS, or a distributed denial of service attack, directed at PlayStation Network and Xbox Live. Both services collapsed as a result, rendering it impossible to play online or create PSN accounts with new consoles Santa dropped down the chimney.
Sony has promised to disqualify those who have used an exploit to help them gain an advantage in the race to buy a PlayStation 4 20th Anniversary Edition console in the UK - and beefed up the security of its system.
Yesterday, a disgruntled PlayStation fan published an exploit that lets people game Sony's PlayStation 4 20th Anniversary Edition console sales system - and it was used successfully this morning.
A widely-shared blog post titled "Hacking that PlayStation competition", by software engineer Dean Wild, details a simple exploit that allowed thousands to get hold of the URL of Sony's supposedly secret application form minutes before official clues were published to social media this morning.
This week Sony sold a limited number of its coveted PlayStation 4 Anniversary Edition consoles at a pop up shop in London - and already some are up for sale on eBay.
A new video released today by Sony includes what may be our first look at PlayStation 4 friend notifications.
UPDATE 2: Sony UK boss Fergal Gara has told Eurogamer that the company will sell more PlayStation 4 20th Anniversary Edition consoles online to UK customers from Monday, 15th December - at the normal price of £399 of course.
BSkyB has released a TV from Sky app for the PlayStation 4.
The PS1 20th anniversary fun continues: Sony has released a free PS1-themed, er, theme for the PlayStation 4, PlayStation 3 and PS Vita.
Sony will launch a limited edition PS1-themed PlayStation 4 console, the company has announced.
Just 12,300 of the machines will be made. Each will be individually numbered.
The special edition, unveiled today at Sony's PlayStation Awards 2014 event, has been created to mark the brand's 20th anniversary.
The PSone turns 20 tomorrow, 3rd December 2014, and to mark the occasion Sony has re-released a raft of its PlayStation adverts.
PlayStation maker Sony will not renew its sponsorship of football world governing body FIFA amid growing concern over corruption, according to multiple reports.
In its ongoing struggle for profit, gargantuan Japanese company Sony will focus on boosting the already impressive success of the PlayStation 4 and cut its TV and mobile product lines.
Sony has announced a new cloud-based TV service called PlayStation Vue.
UPDATE: Attention, PS4 owners: Sony has said software update v2.01 is out today.
In a tweet Sony said the update would be released over the course of the day. Go to settings then system software update to update.
ORIGINAL STORY: Sony is working on another update to the PlayStation 4 designed to fix a problem caused by the previous update.
Sony has announced that it had shipped 3.3m PlayStation 4 consoles during the three months between July to September, which boosted revenues in the company's game division up 84 per cent year-on-year.
Another 800,000 PlayStation 3 consoles were also shifted during the same timeframe.
The company's handheld category fared less well, however - Sony shipped a combined total of 700,000 PlayStation Vitas, PSPs and PlayStation TV units (Sony declined to specify exact amounts for each).
PlayStation 4 has finally got its YouTube app.
UPDATE 28/10/14 9.20am: PlayStation 4's firmware update 2.0 is now available to download in the UK.
The system update has gone live a little before the usual PlayStation Store refresh. Full details on what to expect lie below:
UPDATE 27/10/14 5.00pm: The Share Play feature that's coming to PlayStation 4 as part of the firmware 2.0 update caps the resolution for guests to 720p, with frame-rate also taking a hit as games are streamed from one console to another.
Sony's long-in-development PlayStation 4 firmware update 2.0 will include the ability to listen to background music while playing a game.
PS4 owners will be able to plug in a USB stick and then select MP3, MP4, M4A and 3GP audio files to play.
Sony highlighted the feature in a new US PlayStation blog post on the 2.0 update - which still lacks a release date.
Ever wished you could pack up your PlayStation 4 and make it a little more portable? The new $1395 (£880) PlayBook 4 may be the perfect solution.
The standalone Glacier White PlayStation 4 goes on sale this Friday, 17th October.
UPDATE 2/10/14 13.05pm: PlayStation Network has returned online after its latest round of downtime.
PlayStation TV launches in Europe on 14th November 2014, Sony has confirmed.
The device, which lets you stream your PlayStation 4 games to another HD TV in your home, as well as play PS Vita, PSP and PS one classics on the TV, costs £84.99 / €99.99.
Hundreds of Vita, PSP and PS one games are available from day one, Sony said, as well as a collection of minis. The library will expand with the likes of Minecraft over time.
Online multiplayer on PlayStation 4 is free for all this weekend, Sony announced on the PlayStation Blog today.
PlayStation maker Sony has quadrupled the amount of money it expects to lose this financial year in a profit warning it blamed on smartphones.
Xbox One sales rose during August in the US and nearly doubled the number of consoles sold over July, Microsoft has said.
This was in part due to the launch of a Madden NFL 15 Xbox One console bundle, but also likely helped by Microsoft's generous new 'Buy a Console Get a Game Free' promotion (thanks, VentureBeat).
But the latest figures from US numbers company NPD show that PlayStation 4 is still outselling the Xbox One by some margin.
The PlayStation 4 has sold one million units in the UK, Sony has announced. 10m PS4s have been sold worldwide.
It achieved the milestone nine months after going on sale in November 2013. It is the second fastest-selling home console ever - Nintendo's Wii achieved one million sales in 38 weeks.
Sony UK boss Fergal Gara told Eurogamer the one million sales were through to customers, and the figure was based on official Chart-Track data.
Sony is treating Bungie's first-person shooter as a first-party PlayStation game, despite it also being available on Xbox.
UDPATE 1/9/14 2.15pm Footage has now been posted showing an example of the PlayStation 4's new dynamic themes in action.
Gaze below for a theme featuring Japanese PlayStation mascot Toro:
ORIGINAL STORY 1/9/14 9.30am Customisable dashboard themes are headed to PlayStation 4 this autumn, Sony has confirmed.
UPDATE 26/8/14 4.50pm Sony has said that it has restored sign-in access to PlayStation 3 and that connectivity will soon be returned across the rest of the PlayStation Network.
PlayStation Network has returned online following a massive DDOS attack that also disrupted Xbox Live and Battle.net.
It's been a fantastic year for Sony and the PlayStation 4, with a whopping 10m consoles sold. But there have been bumps along the road.
The Last Guardian remains missing in action years after it was announced. It's been in development for so long it's becoming a bit of a running joke.
There's also the issue of the delay to Evolution's racing game DriveClub. It was once due out alongside the PS4 in November 2013. Now, it'll launch almost a year later, going up against the likes of Forza Horizon 2, Project Cars and The Crew.
PlayStation 4's upcoming Share Play feature will be limited for use in 60-minute chunks, Sony has confirmed.
PlayStation 4 has celebrated a seventh straight month atop the US home console chart, numbers company NPD has reported.
Sony's console wasn't only the best-selling machine in July, it was also the home to the best-selling game - The Last of Us.
PlayStation 4 has now sold 10m consoles worldwide, Sony announced this week. Recent numbers for Microsoft's Xbox One are more illusive.
The PlayStation 4 has sold 10m units worldwide, Sony has announced.
Sony Computer Entertainment Europe boss Jim Ryan made the announcement on stage during Sony's Gamescom press conference. He stressed that 10m figure relates to consoles sold through to customers.
It's an impressive milestone for the PS4, and comes just nine months after the console launched in November 2013.
The ongoing success of the PlayStation 4 helped Sony to post a profit for the first quarter of its current financial year.
Sony's Game and Network Services division, of which PlayStation is a part, enjoyed sales of $2.55bn during the quarter ending 30th June 2014 - that's up an incredible 95.7 per cent on the same period last financial year.
Why? According to Sony, sales of the PlayStation 4 console as well as a "significant increase" in network services revenues (that's all your PlayStation Plus and PlayStation Network money) all contributed. The revenue comes despite a partial offset by a decrease in PlayStation 3 sales.
UPDATE 29/7/14 10:30AM Sony has now released PlayStation 4 firmware update 1.75, users report, bringing with it 3D Blu-Ray support and a few other features.
Sony Japan has shown off two new PlayStation 4 models themed around the upcoming launches of Destiny and The Last of Us Remastered.
PlayStation 4 was the best-selling console in the US in June, Sony has announced, a title that the console has now held for six months running.
Microsoft's decision to begin selling the Xbox One without Kinect (and at a cheaper price) helped double the console's sales month-on-month. But it is telling that, even then, the console still could not beat Sony's machine.
Nintendo saw a 233 per cent increase in Wii U sales over June 2013, largely thanks to the May launch of Mario Kart 8.
George "Geohot" Hotz - the man who hacked the PlayStation 3, among many other things - now works for Google.
Sony is using PlayStation 4 to target Wii owners who skipped the PlayStation 3 and Xbox 360.
Mark Cerny, the system architect of the PlayStation 4 and director of PS4 launch title Knack, is now working on a new indie game.
The PlayStation 4 is struggling in Japan. But why?
The white PS4 console that was announced as part of a Destiny bundle at last month's E3 is also launching as a standalone, with units due before the end of the year.
Sony re-wrote portions of its E3 2013 presentation - when the company fully unveiled the PlayStation 4 - after seeing Microsoft's unpopular announcements detailing the Xbox One's initial policies regarding used games and DRM.
Sony Computer Entertainment boss Andrew House has spoken of the internal discussions held within PlayStation as it attempted to balance the priorities of a PS4 with beefy technical specifications and a console able to launch at an affordable price point.
The PlayStation 4 has failed to make a significant impact in Japan.
It's possible to get your PlayStation 4 DualShock 4 controller working wirelessly with your PlayStation 3 following a recent update to the console.
UPDATE #2 11/6/14 12.05pm: Sony has told Eurogamer that the £84.99 price point for PlayStation TV does not include a DualShock 3 after all.
There's currently no bundle option with a controller in the UK, a Sony spokesperson told us.
UPDATE #1 11/6/14 9.45am: PlayStation TV will cost £84.99 in the UK, T3 has confirmed, and will come bundled with a DualShock 3 controller.
UPDATE: Sony has issued Eurogamer the following statement, which does little to shed light on whether the PlayStation 4 / Vita Ultimate Player Edition bundle will be released in the UK.
Sony has announced plans to release PlayStation 4 in China, just weeks after Microsoft revealed a similar move was imminent for Xbox One.
Like Microsoft, Sony will partner with a local company to launch the console - the catchily-named Shanghai Oriental Pearl Culture Development (OPCD), Engadget reports.
Interestingly, both the OPCD and Microsoft's own partner BesTV are owned by the same parent company, the huge Shanghai Media Group conglomerate.
Around half of all PlayStation 4 owners have subscribed to PlayStation Plus, Sony boss Kaz Hirai has said.
The PlayStation 4 is off to a strong start, with seven million units sold since it launched in November 2013.
Sony is delighted with the performance of the PlayStation 4, which has shifted some 7m units worldwide since its launch last year, but it's a different story for the wider company.
UPDATE: Sky has told Eurogamer the Now TV app is still coming to Xbox One - and it will do so "by summer".
UPDATE: Eurogamer YouTube Editor Ian Higton has taken the new PS4 update for a spin and made a video, below, of all the best bits.
ORIGINAL STORY: The next major update for the PlayStation 4 is available to download now.
The headline new addition is ShareFactory, Sony's new video editing app and answer to the Xbox One's Upload Studio.
A Sony patent has revealed details for a sensor that measures the changing chemical make-up of your saliva.
UPDATE 25/4/14 09.30am: PlayStation 4 system update 1.70 will be available to download in Europe from 30th April, Sony has announced via Twitter.
As detailed below, the firmware refresh will include the SHAREfactory video editing app, the ability to pre-load digital games and the removal of the PS4's HDCP block for capturing footage directly through HDMI.
ORIGINAL STORY 17/4/14 08.30am: Sony has detailed its upcoming PlayStation 4 system update 1.70, which will allow you to pre-load games ahead of release and edit captured footage with the new SHAREfactory app.
Sony has unveiled its new 4K Media Player, which holds an uncanny resemblance to the PlayStation 4.
A new survey sent out to PlayStation 4 owners hints at features Sony is considering adding to the platform.
Sony has this morning laid off an unconfirmed number of staff at three UK developers - Evolution Studios, Guerrilla Cambridge and SCE London Studio.
Sony has announced Project Morpheus, its virtual reality headset for PlayStation 4. It's a prototype for now, but Sony intends to develop it further for a commercial launch.
Morpheus is a visor style head-mounted display that works with the PlayStation Camera to deliver a virtual reality experience. Inertial sensors are built into the head mount unit and the Camera, which the headset requires to work, tracks head orientation and movement so as the player's head rotates the image of the virtual world rotates in real-time.
It also works with the PS Move motion controller. Morpheus reproduces the player's hands and sword, for example, within the game so the player feels like they are physically fighting enemies.
Sony is currently testing the option to rent certain games from the US PlayStation Store.
The PlayStation 4's sales success shows no sign of slowing down: Sony announced today it had sold over 6m units after the console launched in Japan last month.
370,000 units were sold in Sony's home country, the company announced today. The PS4 is currently on sale in 57 countries.
13.7m PS4 games have been sold so far, Sony said.
The PlayStation 4 got off to a strong start in Japan, home country of the console's maker, Sony.
Sony's PlayStation 4 virtual reality headset will finally be unveiled next month at GDC 2014, a new report suggests.
20 per cent of all developers polled at last year's Game Developers Conference were working on a game for PlayStation 4, a newly-released survey has revealed.
Sony has announced it's sold more than 5.3m PlayStation 4 units around the world.
It had forecasted it would shift 5m before the end of the current financial year, which ends on 31st March, so PS4 is way ahead of schedule.
The sales update comes just a few days before the PS4 goes on sale in Japan, where it's expected to sell out. It went on sale in Europe on 29th November 2013.
Sony has boasted of impressive sales for PlayStation 4 in the US last month, where it outsold Xbox One by nearly two-to-one.
The online arm of GameStop UK is selling PlayStation 4 consoles for £329.97 - a tidy £20 saving off of the console's usual retail price.
Impressive sales of the PlayStation 4 helped Sony post increased profit in its recent financial quarter.
In its financial reports Sony lumps sales of all home PlayStation consoles together, so we don't have an updated figure for the PS4 (it was 4.2m as of 28th December 2013). However, we do know that PS4 and PS3 sales combined were for the quarter ending 31st December 2013 7.8m. Combined Vita and PSP sales for the quarter were 2m.
Sony's Game division, which looks after PlayStation, saw an impressive 64.6 per cent rise in sales year-on-year to $4.2bn. Why? Because of the launch of the PlayStation in Europe, North America and Latin America in November as well as the favourable impact of foreign exchange rates.
Sony has shown off its snazzy new PlayStation 4 wireless headset, which boasts 7.1 virtual surround sound and a noise-cancelling internal microphone.
Sony has told Eurogamer it is aware of a mysterious PlayStation 4 error which is affecting users' save files.
The Xbox 360 was the UK's best-selling home console in 2013, figures shown to Eurogamer reveal.
PlayStation Now requires a 5Mb/s connection to ensure what Sony calls a "good experience" for the majority of games.
China has temporarily lifted its ban on the sale of foreign video game consoles, opening the door for the likes of Microsoft, Nintendo and Sony to enter the gargantuan market.
The ban, which had been in place for 14 years, prevented the sale of the PlayStation, Wii and Xbox consoles in the country.
Reuters reported on a statement from China's State Council that suspended the ban, allowing "foreign-invested enterprises" to make consoles within Shanghai's free trade zone and sell them within China - as long as they are approved by the government.
PlayStation 4 has counted for 10 per cent of all Twitch streaming since the console launched in North America on 15th November.
The boss of the company that owns Grand Theft Auto, Borderlands and BioShock reckons it'll take five years for the PlayStation 4 and Xbox One to outsell their predecessors.
Vita TV got off to a slow start in Japan - but that hasn't put Sony off of releasing it in the west.
PlayStation 4 has sold over 2.1 million units worldwide, Sony has announced.
PlayStation 4 launched in North America on 15th November and sold one million units within 24 hours. The console launched in Europe and Australasia on Friday, 29th November, adding 700,000 sales from both of those territories as of 1st December (including around 250,000 in the UK). In total PS4 is available in 32 countries.
Sony Computer Entertainment boss Andrew House said: "It's an impressive and record-setting accomplishment for our company and for our industry, and we couldn't have done it without you. I want to personally thank PlayStation fans, both old and new, for your vote of confidence.
UPDATE: Sony has reached into its sack and pulled out another round of festive deals, including discounts on Need for Speed: Rivals for PlayStation 3 and Ubisoft's underappreciated gem Rayman Legends for PlayStation Vita.
UPDATE: An industry source has told Eurogamer that life-to-date Wii U sales in the UK are still around the 150,000 mark after a year on sale.
That's around 100,000 less than PlayStation 4 managed in its opening weekend.
Xbox One sales are now up to the 170,000 mark, Eurogamer was told. It was reported last week that Xbox One had notched up around 150,000 units during its launch weekend, suggesting around 20,000 more have been shifted in the last week.
Sony's PlayStation 4 is the fastest-selling console in UK history, according to official sales figures.
In the moments before our interview begins proper, Andrew House tells me 2013 has been his most exciting year since joining Sony. If he's being sincere - and, given what happened at E3 this year, he may well be - 2013 should be honoured. House, the communications expert from Wales who rose through the ranks to become boss of all of Sony Computer Entertainment - was at Sony Corp when PlayStation was a mere skunkworks project 23 years ago.
He's seen it all, then, from the pioneering PSone and WipEout to the glory days of PS2 and Gran Turismo, from the tough early days of the hyper-expensive, difficult-to-develop-for PS3 to the euphoria of PS4's unveiling.
Last night, with over 300 fans waiting patiently outside the Covent Garden shop come stage come gaming arcade Sony had constructed to mark the launch of the PS4, PlayStation was buzzing. People walk briskly with clipboards and mics at the ready, setting things up, making preparations, fixing the stage for rapper Tinie Tempah's 11pm show, testing smoke machines...
Yesterday Sony finalised its PS4 launch lineup of games and their prices from the new PS4 Store - raising eyebrows in the process.
Sony hopes to lower the PlayStation 4 failure rate further for the console's UK launch.
PS4 launched two weeks ago in North America, and soon after reports came in of a "blinking blue light" issue that rendered the console unusable.
Sony said the number of PS4 units "dead on arrival" was one per cent the one million consoles that were sold within 24 hours of the North American launch. That amounted to around 10,000 units.
Sony has confirmed PlayStation 4 and Vita bundles, to go on sale at select shops from this evening for a little under £500.
Sony UK has worked with retailers to encourage what it calls a "soft bundle" that includes both consoles. Some shops won't be able to offer the deal because of PS4 stock availability, but the expectation is most will from tonight alongside the launch of the PS4 in Europe.
"We're working with our retail partners to put across that proposition as well as we can," Sony UK boss Fergal Gara told Eurogamer.
Not pre-ordered a PlayStation 4 and still want one at midnight? 150 Tesco Extra stores will stock Sony's next-gen console across the UK tonight.
Sony has confirmed its line-up of free titles for PlayStation Plus subscribers in December.
As previously announced, PlayStation 4 owners who also have a Plus sub get free copies of Resogun and Contrast.
But there are also discounts on Trine 2 (20 per cent off until 13th December) and Super Motherload (10 per cent off until the same date).
Not yet secured a PlayStation 4? O2 stores will have day-one stock to sell from Friday.
Sony has confirmed the entertainment apps that will be available on the PlayStation 4 when it launches in Europe this Friday.
18 apps and services will be available across Sony Computer Entertainment Europe from launch day. In its press release announcing the news, Sony made highlighted the fact that you can use these apps without a PlayStation Plus subscription. On Xbox One, an Xbox Live Gold account is required to use apps such as Internet Explorer and Skype.
"Alongside its place as the most highly anticipated gaming console this decade, the services and apps available on PS4 make it a central home entertainment hub," Sony said.
UK supermarket giant Asda has secured extra stock of PlayStation 4 and will sell it to those without pre-orders at midnight Thursday.
European prospective PlayStation 4 owners can download the latest firmware before the console goes on sale on Friday.
PlayStation Access has released a new video showcasing the PlayStation 4 voice commands.
It's not too late to buy a PlayStation 4 on launch night - Sony has a stock of consoles which it will sell in Covent Garden on Friday.
The PS4s will be sold on a first-come-first-served basis at Sony's PS4 Lounge #4ThePlayers event. Queuing will open on Thursday morning and you'll have to sit through a performance by Tinie Tempah at some point.
Sony will feed and water you however, thanks to events partners Domino's and Red Bull. No Mountain Dew?
Video game streaming company Twitch spent the weekend taking down a number of non-gaming streams by PlayStation 4 users.
Last week Microsoft congratulated Sony on the North American launch of the PlayStation 4. With Xbox One out today, now it's time for Sony to return the favour.
Here's the tweet from the official PlayStation account:
There were virtual high fives earlier today from PlayStation executives to their opposite numbers at Microsoft.
ShopTo has issued a public apology after it took money from some PlayStation 4 pre-order customers without warning.
With Xbox One launch day stock running dry in the UK, you can still get a PlayStation 4 at Tesco.
You do, however, have to get it in a bundle with PS4 launch platformer Knack.
The UK supermarket giant currently has a PlayStation 4 Knack bundle available for pre-order priced £385.
A number of North American PlayStation 4 owners have reported their consoles dead on arrival.
PlayStation 4 got off to a great start in North America.
Microsoft's had its turn. Now Sony's released its expensive-looking PlayStation 4 TV ad.
UPDATE: Sony has issues the following statement regarding reports of early PS4 failures to IGN:
South Park has taken on the next-gen console war - and won.
UPDATE 2: A Sony spokesperson issued Eurogamer the following statement:
PlayStation 4 differs from PlayStation 3 in that a Plus subscription is required to game online.
The PlayStation 4 launches with a number of games available to download from the PlayStation Store. The US version is live now, and so we learn each title's install size and price in dollars.
Here's the list, in alphabetical order:
Angry Birds Star Wars: 1.5Gb : $49.99
UPDATE: Sony's PlayStation App is now available to download in the UK from the iOS App Store and Android's Google Play.
You can sell or share your PlayStation 4 games, Sony has reiterated.
You can't "wake up" the PlayStation 4 using a voice command.
Nor can you tell a video to pause.
However, you can turn the PS4 off using your voice, and start games.
Whenever a new console launches, it's never long before someone takes a screwdriver to it and shows the world what's inside. With PlayStation 4, Sony has done it first.
Sony has filed patents that may relate to its PlayStation 4 virtual reality headset.
Pre-pay for your next-gen console at GAME and you'll get a fast-track ticket for launch night that will let you skip the standard queue.
Customers who pay off their console before launch day will be allowed to enter a "fast lane" to quickly exchange their ticket for their shiny new game gubbins and avoid a wait in the cold.
GAME has begun emailing customers with details of the offer, as spotted by NeoGAF and XboxOneForums.
With the next generation of consoles nearly upon us, EA, one of the biggest game publishers in the world, has had its say on what it expects from the launch of the PlayStation 4 and Xbox One.
Sony has gone on the record to say it will shift five million PlayStation 4 consoles before the financial year's end - 31st March 2014.
Microsoft has yet to gaze into its own crystal ball and predict Xbox One numbers, but in a financial call overnight, EA executives predicted a similar number for the console.
UPDATE #2: Blockbuster's official Twitter account has issued the following instructions on how to receive a refund on a pre-ordered PS4 or Xbox One:
UPDATE: Sony has reassured potential PlayStation 4 owners that they will be able to download the console's day one patch in the background, meaning they will not have to wait to play games at launch.
The 300MB update is expected to take up to 15 minutes to download, Sony warned last week. But the company's Worldwide Studios boss Shuhei Yoshida explained today on Twitter that the update could be downloaded while users play games (thanks, VG247).
Microsoft will launch Xbox One with a similar day one patch to remove the system's 24-hour online checks, among other things. It will take up to 20 minutes to download.
Good news for people with seven friends - both Xbox One and PlayStation 4 will allow for eight-player chat at launch.
PlayStation party chat will allow PS4 and Vita owners to converse with each other, the US PlayStation blog reported. But not all headsets will support party chat at launch.
Anyone hoping to use their PS3 bluetooth headset will need to wait for a post-launch patch in order to do so, even for Sony's own-brand PULSE headphones.
If you pre-ordered a PS4 from Amazon but used old bank details that now need changing, don't panic - you won't be put to the back of the queue.
Sony's PlayStation executives hope with PS4 this time things will be different. This time, Sony launches alongside Microsoft, not 16 months afterwards like with PS3. This time, Sony is cheaper than Xbox, not hundreds of pounds more. And this time, Sony is taking a gamer-first approach - and that, it seems, is translating into real world business.
The PlayStation Network struggled to cope with the launch of Grand Theft Auto 5 last week, with some reporting download and installation issues. The infamous error code 80029563 popped up following several separate corrupted 18GB downloads in our own attempts.
UPDATE 5: Asda is selling the PS4 Mega bundle for an attractive £439 - that's just £10 more than an Xbox One.
The PS4 Mega bundle includes a PS4, Killzone: Shadow Fall, two DualShock 4 controllers and the PlayStation Camera.
There's a catch, though. As an Asda employee who notified Eurogamer of the offer this afternoon pointed out, the bundle is only available to those who pre-ordered the console before 5th August and use a code, which will be sent out soon.
PlayStation 4 hardware will make a loss at launch, but Sony expects to immediately recoup the costs when a typical user also buys a PlayStation Plus subscription and games.
Sony Japan executive Masayasu Ito made the comment to Eurogamer today in an interview at the company's Tokyo headquarters.
Eurogamer has heard from well-placed sources that Sony expects to make an approximate $60 loss per $399 unit sold. When presented with the figure, Ito denied it - but only because the company expects a typical user to buy a console with these other items.
Post-launch updates to PlayStation 4's firmware can better integrate the console with PS Camera, Sony has said.
Sony's PlayStation App allows PlayStation 4 to act as a server that streams mobile gaming apps to your smartphone or tablet.
Sony hopes to shift five million PlayStation 4 consoles before the financial year's end, the company has announced.
Games boss Andrew House revealed the sales target during Sony's Tokyo Game Show 2013 keynote this morning, attended by Eurogamer.
Five million sold before 31st March 2014 means the company expects to sell at least a million units per month from the console's initial launch in North America on 15th November.
Sony has announced that PlayStation 4 will launch in Japan on 22nd February 2014, several months after Europe and North America.
It's the first PlayStation console not to launch first in Japan.
To make up for the wait, a "Limited Pack" will include a digital download of launch platformer Knack and a year's extended warranty at no extra cost.
Sony and Microsoft have both confirmed that their next-gen consoles can automatically download freshly-purchased content while you're away from the machine.
Sony can no longer guarantee that if you pre-order a PlayStation 4 in the UK you'll get it at launch.
A directive was sent to a number of UK retailers including Amazon and ShopTo.
ShopTo displayed the message first: "Sony have confirmed all PlayStation 4 pre-orders placed from 6th August will now not be guaranteed for launch. You can still pre-order PS4 with us in case we receive cancellations and can fulfil your order for launch."
Sony has today revealed a number of new tidbits surrounding PlayStation 4 - primarily that its party chat functions will be free to use, meaning you won't need a PlayStation Plus subscription.
Sony experimented with a PlayStation 4 controller prototype that could detect how much you sweated while playing a game.