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Sony also announced the PlayStation 4 Slim today. It starts at $299 and will be out officially on September 15. Of course, there are already a number of retailers selling this new model but shhh, don't tell Sony that.

The new model will replace the current design of the PlayStation 4, but in a fun sized package. It does have the added benefit of an improved Wi-Fi adapter and a 1TB storage option. Other than that, the main internals remained the same.

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Sony Interactive Entertainment (SIE) today announced that a new slimmer and lighter PlayStation 4 (PS4) (CUH-2000 series) computer entertainment system with a 500GB HDD will become available in Japan, North America and in Europe starting from September 15, 2016, at manufacturer's suggested retail price (MSRP) of 29,980 yen, $299 USD, €299 and £259

The internal architecture of the new PS4 system has been revamped, reducing its volume by more than 30% compared to the previous models and reducing its weight by 25% and 16% compared to the first (CUH-1000 series) and current (CUH-1200 series) models respectively. Also, the new PS4 system is more energy efficient, as the power consumption has been cut by more than 34% and 28% compared to the very first and current models.

The form factor of the new system inherits the slanted body design of the previous models, with the foreside and backside of its body slightly angled. The corners are trimmed and curved, giving it a softer impression that would appeal to a wider range of audience. The new simple look, with gloss finished PS family mark designed on the center of the top surface, will fit perfectly wherever it is placed.

Furthermore, looking ahead to the future of imaging technology, all PS4 systems including the new slimmer model and PlayStation 4 Pro will support HDR (High Dynamic Range) imaging technology, which enables the reproduction of brightness and darkness while realizing a much wider range of colors. Users who own an HDR-compatible TV will be able to enjoy supported games and other entertainment content with visuals that are more realistic, strikingly vivid and truer to the way the human eye sees the real world.

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