Sony pins hopes on new PlayStation

I hope they bring back Blades of Steel.

Sony is looking to unveil the latest version of its PlayStation gaming console on Feb. 20 at a special PlayStation-themed event. Sources close to the matter say that the device will be launched later this year and compete with a new machine from Microsoft (MSFT) that has yet to be announced.

The new PlayStation is Sony’s first machine in more than six years and the launch would come as sales of videogames, consoles, and accessories fell by 22% in December. Sources say that Sony is planning to integrate more social gaming aspects into the new machine in an effort to attract more users that have transitioned to web-based offerings.

Looking at the hardware, it has been rumored that AMD (AMD) chips will be used in the new device as opposed to chips from IBM (IBM) and Toshiba that had been used in the past.

Sony (SNE : NYSE : US$15.13), Net Change: 0.19, % Change: 1.27%, Volume: 5,018,489

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