Sony likely to unveil Playstation 4 this month

Sony is expected to launch the Playstation 4 later this month.

The company is hosting its first major Playstation meeting in two years on Feb 20, sparking online speculation that it is preparing to unveil the successor to its 70m-selling PS3 games console.

The last time Sony held a Playstation event, in Jan 2011, it presented a protoype of its handheld Vita console. Before that, it convened a gathering in 2005 two months after it first demonstrated the PS3 concept. A meeting in 1999 revealed designs for the PS2.