Sony Playstation 4 will be released in November this year, with two versions priced at $429 and $529 according to rumors.  The console codenamed Orbis, whose official name has not been released yet, might be unveiled at tonight’s Playstation event in New York City. However pricing for the units might not be released until the third quarter.

According to the same source, the new Playstation will allow multiple people to log onto the same console with its new user account system. Rumor also has it that users will be able to connect their smartphones or tablets to the Playstation and control it. Users could do chatting or buy games using this technology.

The new Playstation will also have a new online service called Playstation World, replacing Playstation Plus. The new Playstation World is rumored to be a charged service, while it is unknown if gameplay will be charged as well or not. The Playstations are also expected to be shipped with an Eye camera, giving its users the ability to watch what their friends are playing. Most of the rumors regarding the new Playstation will see the day of light at the Playstation event later today.

Filed in Gaming. Read more about PlayStation and PlayStation 4.

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