The PS4 has been announced and is coming this holiday season. It features 8GB Ram and an 8 core CPU. It features the Dualshock 4 which comes with a touchscreen and the console will use Gaikai to stream previous gen and current gen games to PS4, Vita and mobiles.
Games announced include Killzone: ShadowFall, Infamous Second Son and The Witcher 3.
This is just a quick highlight of it but next week's Talking Trash will deal with it in depth.