Yes, you read that right, WSJ is confirming the announcement of the PlayStation 4 during Sony’s upcoming February 20th event. This news confirms the rumors behind the video teaser that Sony has released a few days ago:
The reports from WSJ also mentioned that the PS4 would have more “Social Gaming Aspects” focusing on how players would be able to “interact with the machines”. So far everything is in line with the rumors that the PS4 is going to be announced ahead of E3. Which I think would be a great move from Sony after the delays with the PS3 a few years ago.