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"The PlayStation 4 will be revealed at gaming conference E3 this summer and released during the fourth quarter of 2013, according to a report. VGleaks, dubbed the WikiLeaks of the gaming industry, claims to have seen the &amp;#039;roadmap&amp;#039; for Sony&amp;#039;s new console, which is said to have entered development in June 2011. &amp;gt; PlayStation 4, new Xbox &amp;#039;to cost $400/\u00A3250&amp;#039;, says analyst report   The PS4 is believed to be in the works under the code name of &amp;#039;Orbis&amp;#039; and is rumoured to be powered by a quad-core AMD APU Solution processor with an AMD 8000 series GPU and between 2 and 4GB of GDDR5. Other reports claim it will be capable of displaying games in 4K resolution, support Blu-ray and ship at an &amp;quot;affordable&amp;quot; price. Microsoft has also been tipped to unveil new console hardware this year, with a follow-up to the Xbox 360 said to be in the works under the code name of either &amp;#039;Thebes&amp;#039; or &amp;#039;Durango&amp;#039;. Previous reports suggest that the next-generation Xbox will include two CPUs, one for gaming and another for multimedia applications, as well as Kinect 2.0, 3D technology and the long-rumoured Xbox TV. Sony and Microsoft are yet to officially confirm any specific details of their future consoles. Photo gallery - history of the Xbox:  "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/gaming/playstation-4/news/a450611/playstation-4-reveal-by-e3-out-in-2013/>