PS4 rumours have been rampant in the market

PS4 latest news has been pushing the right buttons for gaming fans as they wait in anticipation for the next-generation gaming console from Sony. The predecessor of the rumoured PS4 gave high hopes to gamers with its features, which included the integrated Blu-ray player. The next offering from Sony has been code-named as Orbis by various news sources.

What makes the news of the PS4 release a hot talk is the fact that back in 2006, Sony had declared that PS3 had a shelf-life of ten years which rested all speculations of a new version till 2016, but this PS4 news is surely going to spread rumour ripples. The reason experts are giving weightage to the rumours might be the news that hints Microsoft is also speculated to announce Xbox 720, which will give a tough competition to PS4.

There are many speculations making rounds about PS4 features, whether it will operate on AMD’s A10 APU or enlist the services of Radeon HD 8770 GPU, however, there is no clear unanimity among the experts. The latest PS4 news suggest that its features might be a little disappointing for gaming community as it might not have backwards compatibility, which means that you might not be able to play PS3 games on it.

The launch of the PS4 would also bring in happy tidings for the gaming industry for they had been long complaining about pre-owned games sales where the developer is at loss as the money raised goes directly into the coffers of the company selling them. It is expected that Sony might follow in the footsteps of EA in this case and give only one code to online games that are new and at the same time restricting games to a particular PlayStation account, but there is no confirmation whether it can be diluted by signing on a different console.

The question that is looming large over every PlayStation lover is surely going to be the PS4 release date. In the absence of any official PS4 news from Sony about its release, experts are suggesting that the gamers can eye out for late 2013 or early 2014 to actually be able to own it with the PS4 price range likely to be around $350-$400.