Finally, after all the rumors, Sony has officially announced their next-generation PlayStation console, the PlayStation 4.

The PlayStation 4 comes with the brand new DUALSHOCK 4 controller with Improved analog sticks, enhanced rumble, lower latency, touchpad, headphone jack, Share button.

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Other features include X86 CPU, enhanced GPU, 8GB of high-speed RAM, and local HDD, brand new Social Features with the Social Button, and more.

“We wanted to hear from developers,” said Mark Cerny, lead system architect, at Sony’s PS4 unveiling. “We spoke to dozens of the best teams in the world. We wanted to know what was important to them. We wanted to make them happy. Our goal was to create an architecture that would facilitate the expresison of their ideas. “

Players will be able to play PS1/PS2/PS3 games on the PS4 via PlayStation Cloud services.

Sony confirmed many new games including, a new Killzone game, Watch Dogs, Bungie’s Destiny, Final Fantasy, and more will be coming to the PlayStation 4. All major publishers have committed to bring their franchises to the new console.

Sony has confirmed that the PlayStation 4 will be available in Holiday 2013.