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New report reveals PS4.5 codename and specs

A new report found on Eurogamer has revealed the specs for the PS4K, aka the PS4.According to Eurogamer's sources, the upgraded PlayStation 4 -- which was first revealed back in March -- is internally codenamed PlayStation NEO.

We don't need a PS4k or Xbox One.Five

The PS4k is looking to be closer and closer to confirmed, but we don't need it.Phil Spencer, the head of Xbox, has said he doesn't really like the idea of an Xbox One.

Smaller Xbox One model reportedly coming in 2016, more powerful 'Scorpio' in 2017

According to Kotaku, sources claim a smaller, cheaper Xbox One will be releasing later this year with a 2 TB hard drive.This type of console release is certainly not out of the ordinary for Microsoft, as the Xbox 360 got the same treatment.