For gaming fans mulling over which console to get for the holidays this year, we've compiled the features of both Microsoft's Xbox One and Sony's Playstation 4.
Both consoles will be running on AMD's CPU – the x86 octa-core processor. The PS4 will use a x86-64 "Jaguar" CPU while the Xbox One will run on a modified eight-core processor.
Microsoft and Sony are both using AMD's graphic processors as well. According to Wired, the Xbox One's GPU will be integrated into the CPU in a system-on-a-chip design.
Sony's PS4 also uses the GPU integrated CPU.
Among the specs that the Japanese company announced for the PS4 was its 8GB GDDR4 RAM. This beats Microsoft, which revealed that it will be packing a 8GB RAM but only the DDR3 variant.
Both companies did not change much of their design for their controllers as consumers seem to have a preference over certain controllers.
The Dualshock 4 controller for the PS4 is slightly bigger than its predecessor with its touchpad and easier gripping.
The Xbox One's controller has only slightly been changed from the previous controller, which was already a success among gamers.
Both gaming companies have improved their motion sensors.
The Xbox One referred to the Kinect 2.0 as a "human control for a human experience." The 1080p motion sensor will process 2GB of data per second and will recognize any slight movement, including your heartbeat.
Not much is known about Sony's Eye, which will come with two 1280x800px cameras.
The two are expected to have similar price tags. However, the PS4 is predicted to undercut the Xbox One, according to latest reports.
The Xbox One price tag was revealed earlier this week by Amazon. The giant retailer's UK site launched pre-orders of the latest gaming device with a price tag of £399.99. It cam with the message: "We do not yet have a release date for Xbox One. This is a placeholder only."
The new price tag is significantly higher than Microsoft's previous gaming device, the Xbox 360, which launched with a price tag of around £210.
"It's always interesting when these things come out costing more money than you would expect," said Tech Radar's editor Gareth Beavis. "It's massively upgraded in terms of its spec. It's not just a games console, Microsoft wants it to be an entertainment hub. It's a massive step forward from the Xbox 360, which was slowly morphing into more than just a thing to play games on. I think it's a little bit expensive but it's a premium product so I can understand why it is."
However, the Xbox One is expected to sell for $399 in the United States. Video game industry analyst Michael Pachter of Wedbush Securities predicts that the price of the PS4 will be $50 cheaper than the Xbox One.
The release dates for both consoles have not been announced as of yet.