Andrew House has confirmed to the Financial Times that a PlayStation 4 Neo is in development. He also says it won't be shown at E3, and they're not announcing a release date or price yet.
http://www.ft.com/intl/cms/s/0/aca45ff2-2ea0-11e6-bf8d-26294ad519fc.html#axzz4BAsObibW
Gamasutra had a bit more from the article: http://www.gamasutra.com/view/news/...tion_Neo_rumors_but_console_wont_be_at_E3.php
http://www.ft.com/intl/cms/s/0/aca45ff2-2ea0-11e6-bf8d-26294ad519fc.html#axzz4BAsObibW
Andrew House, president and global chief executive of Sony Interactive Entertainment, told the Financial Times that the “high-end PS4” would be more expensive than the current $350 version.
“It is intended to sit alongside and complement the standard PS4,” he said. “We will be selling both [versions] through the life cycle.”
The new console, which is codenamed “Neo”, will target hardcore gamers, he said, as well as consumers with a 4K television set looking for more high-resolution content.
However, in a move that may disappoint some fans, Mr House said that Sony would not be unveiling its new console next week and refused to say when or at what price the unit would go on sale. “We want to ensure we have a full range of the best experiences on the new system that we can showcase in their entirety,” he said.
Nonetheless, he downplayed concerns that the move would cause interoperability problems between the old and new PS4 hardware.
“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,” he said.
Gamasutra had a bit more from the article: http://www.gamasutra.com/view/news/...tion_Neo_rumors_but_console_wont_be_at_E3.php
"It is intended to sit alongside and complement the standard PS4," House explained. "We will be selling both through the life cycle. 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.”
According to House, Sony wants to ensure there are enough games and experiences that can showcase the Neo’s improved functionality before officially unveiling it to the public, which is why it won’t be revealed at E3.
Speaking more broadly about consumer reaction, House believes buyers have become used to frequent, and often costly, upgrades thanks in part to the emergence of high-end smartphones.
"We want to ensure we have a full range of the best experiences on the new system that we can showcase in their entirety," continued the Sony Interactive Entertainment president.
"The consumer is attuned to a different cadence of innovation in technology thanks in great part for the upgrades cadence on mobile phones or PCs."