Both the next generation game consoles will feature AMD's processor. According to Digital Foundry, the CPU will be AMD Jaguar, featuring eight cores clocked at 1.6 GHz. AMD will also be in charge for graphics card, though PlayStation 4 will not use the same as Xbox 720. Rumours say that the graphics card is somewhere between 7970M, which can play most of the games at 60 FPS. We have to emphasize that Sony's specifications are for development kit, which means the final retail console can be different. The console will also feature 8 GB of RAM, 2.2 GB for graphics card, 4x USB 3.0 and 2x LAN Ethernet.
System Memory: 8GB
Video Memory: 2.2 GB
CPU: 4x Dual-Core AMD64 "Bulldozer" (so, 8x cores)
GPU: AMD R10xx
Ports: 4x USB 3.0, 2x Ethernet
Audio Output: HDMI & Optical, 2.0, 5.1 & 7.1 channels
One more thing mentioned is the controller. Developers are working with both the Sixaxis and DualShock 3 controller which suggests the design and capabilities of the PS4's controller will be similar to those on the PS3. However, the controller will feature a touchscreen display that can recognise two-point multi-touch. In the work is Sony's Wii-style motion wand.
The information came from the official Orbis documentation. The PlayStation 4 does look like a extremely powerful gaming console. Give us your thoughts which game console will be more powerful, Xbox 720 or PlayStation 4?