After 
almost a year of rumors and whispers, Sony has finally revealed the worst kept secret in gaming: The PlayStation 4 is on the way.
At a lavish press event in New York, the company showed off its next-generation console, a system it hopes will lure people away not only from competing machines from Microsoft and Nintendo, but from smart phones, tablets and other new gaming platforms. It will be released this holiday season, though the company didn’t announce a price.
Chris Morris: Journalist 