WSJ: PlayStation 4 unveil on February 20

To launch alongside new Xbox this holiday, claims source.

Sony will indeed reveal the successor to PlayStation 3 at its PlayStation Meeting 2013 press event on February 20, according to sources of The Wall Street Journal.

“Sony’s device will be released later this year, these people [familiar with the matter] said, and will spar against Microsoft’s own machine, which is also expected to be released by the holidays,” wrote the publication.

The new system will incorporate “more social gaming aspects” and be more focused on “changes in how users interact with the machine” versus “hardware improvements,” according to the outlet.

At one point, the PlayStation manufacturer considered removing the system’s disc drive in favor for an all-digital console, said The Wall Street Journal. But concerns over game file size and slow internet connections made them scrap the idea. Microsoft is said have made a similar decision.

Previous rumors have suggested PlayStation 4 will run on an eight Jaguar core CPU and 18 CUs AMD-based GPU.