Specialized site Kotaku cites sources familiar with the company that claim the PS4 will be launched in November this year in the U.S.
Two versions of the PlayStation 4 will be announced by Sony, the insider says. The first model will be sold for $429, while the second could cost $529.
Kotaku also reports that it will be possible to control the console from a connected phone or tablet.
The user will have the possibility to chat with people on his list of friends and buy games through mobile devices.
The Sony PlayStation event starts at 3 p.m. PT today.