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The PS4’s launch day is finally upon us, and for the first time in the history of game consoles we actually have a very good idea of the hardware that’s actually inside the box. Priced at $400 and released on November 15, the PS4 is a very exciting proposition indeed: Not only is it cheaper than the Xbox One, but it has better internal hardware and it’s released a week earlier.
The story below is out of date, as Sony has changed a few things since this story was first written. For a complete and more-up-to-date breakdown of the PS4’s hardware specs, see our PS4 vs. Xbox One hardware spec comparison. We also have some hands-on impressions of the PS4, if you’re more interested in the interface and games.
Price
The Sony PS4 will be priced at $399, €399, £349, (the PS4 pre-order is available now) and will be released “this holiday season.” (November 15 in the US, November 29 in Europe.) We already know that the Xbox One will be released in November, and it’s very likely that the PS4 will be available around the same time. The PS4’s $400 price point versus Microsoft’s $500 Xbox One (preorder) is a huge win for Sony — and, funnily enough, the exact reverse of the Xbox 360 ($400) and PS3 ($500). The price is even more impressive when you factor in that, unlike last generation, neither console is being sold at a loss (though the profit margins are probably very, very small at this point).
While it might seem that the PS4 massively undercuts the Xbox One, it’s important to remember that Microsoft’s console comes bundled with the new Kinect — so you do get something for your extra $100.

Hardware
After one press conference where Sony didn’t show us the console at all, and then a blurry 30-second video to keep us on the edge of our seats, Sony has finally shown us what the PS4 actually looks like. As you can see above, the PS4 actually looks a lot a rhomboid version of the Xbox One, or perhaps an evil Wii. We don’t have the exact dimensions yet, but it looked pretty big on stage at E3. Our guess is that both the Xbox One and PS4 will look good under your TV, at roughly the same width as your Blu-ray player.
Inside the PS4 is, essentially, a specialized mid-range gaming PC. There’s an 8-core AMD Jaguar/Kabini x86-64 CPU, a Radeon 7870-derived GPU with 18 compute units (vs. Xbox One’s 12 CUs), and 8GB of unified GDDR5 RAM. The only standout feature here is the RAM, which provides both the CPU and GPU with 176GB/sec of unified (shared) memory. As always, though, it’s unfair to directly compare a console’s hardware with the PC equivalent — in reality, once developers write code that specifically targets the PS4’s hardware, we should see performance and visuals that compare to your top-end gaming PC. (Read: Xbox One vs. PS4 vs. PC: How the hardware specs compare.)

On the back of the PS4, there’s simply an HDMI out, Aux socket, Gigabit Ethernet socket, and an S/PDIF optical audio out. There are two USB connectors on the front, too. This is in stark comparison to the Xbox One, which has a ton of connectors — including an HDMI in. In short, the PS4 will not be an all-in-one living room media center like the Xbox One. The PS4 also has 802.11 WiFi built in, but unlike the Xbox One it will use Bluetooth instead of WiFi Direct to connect to the gamepads.
Games & DRM
The biggest difference between the PS4 and the Xbox One are the games and DRM. On the games front, it seems the PS4 only has a handful of exclusives: Final Fantasy 15, Kingdom Hearts 3, and a new franchise called The Order. The Xbox One, on the other hand, has more than a dozen exclusive titles. All told, there are apparently 140 games currently in development for the PS4, with 40 of those including “experiences” that are exclusive to the PS4. Experiences is Sony’s way of saying that the PS4 will have lots of exclusive betas and DLCs, but not many exclusive games. As far as we can tell, all of the usual franchises will be available on both the PS4 and Xbox One — Grand Theft Auto 5, Assassin’s Creed, NBA, Elder Scrolls, and so on.
Perhaps more important than exclusive titles, though, is the PS4’s complete lack of DRM. Any game discs that you buy for the PS4 are yours, and can be traded or shared in whatever way you wish. This is in contrast to the Xbox One, which allows publishers to control how its games are resold.
On the flip side, though, the PS4 does require PlayStation Plus if you wish to play multiplayer games online — just like the Xbox 360 and One with Xbox Live Gold.

Controllers
One of the biggest differences between the PS4 and Xbox One are the control mechanisms. Whereas every Xbox One ships with a Kinect, and refuses to work unless the Kinect is plugged in, the PS4 appears to have no such gesture or voice controls. Instead, the PS4 ships with a sensor bar that tracks a light on the back of each DualShock 4 controller, and each controller has its own built-in