Sony Confirms New PS4 Console Upgrade Ahead Of E3

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With E3 2016 kicking off next week on June 14th in Los Angeles, gamers are waiting to see what goodies developers like Nintendo, Microsoft, and Sony will be bringing to this year's conference.

And, just ahead of the vent, Sony has broken big news on what they've been working on.

After tons of speculation, the company confirmed today that the rumors of them developing a new, upgraded Playstation 4 console were true.

Speaking with the Financial Times, Sony Interactive Entertainment CEO and President Andrew House explained that the new console was created for gamers who needed more than what Sony's current Playstation model could provide. The new console, which is rumored to be called 'Neo,' will support 4K graphics and provide gamers who are interested in Sony's PSVR system a powerful enough interface to enter the world of virtual reality. With popular VR systems like Oculus Rift and HTC Vive stirring interest in the market, Sony's likely looking to capitalize on the growing trend.

House also confirmed that the new console would be more expensive than its $350 predecessor, but he did address fans who were concerned that an upgraded PS4 meant that the developer would need to create different versions of its games for each console. Easing those fears, House said, "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."

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Despite E3's looming start date, House admitted that Sony would not be bringing their newest console out on stage just yet as the company wants to ensure that gamers will be able to see all of the upgraded PS4's new features when it debuts.

While no one may be seeing the new PS4 console at E3 this year, fans are hopeful that Sony might drop teaser trailers or announcements for their exclusive titles like God of War 4 or a sequel to The Last of Us.