Sony Interactive Entertainment top chap, Andrew House, has confirmed the existence of the PlayStation 4 Neo, and it is meant to compliment the current model rather than replace it completely.
“It is intended to sit alongside and complement the standard PS4,” he said. “We will be selling both [versions] through the life cycle. All games will support the standard PS4 and we anticipate all or a very large majority of games will also support the high-end PS4.”
The FT also say the Neo will not be at E3, which is rather surprising if it is meant to launch alongside PlayStation VR which is out this October.
“We want to ensure we have a full range of the best experiences on the new system that we can showcase in their entirety,” explained Andrew. Perhaps Sony will showcase Neo at a Gamescom?