Along with talks on the features of the PlayStation 4.5, also known as PlayStation Neo and PlayStation 4K, it is rumored that fans and gamers are set to see and use the anticipated gaming console this year.

According to Wall Street Journal, as cited by Tech Advisor UK, the PlayStation 4.5 is set to hit gaming stores before Christmas this year. Prior to this, it is assumed that the PlayStation VR is set for an October release. Sony had no comment with regard the rumored release dates for its forthcoming gaming consoles.

With regard its features, it is revealed that the PlayStation 4.5 is set to include eight 2.1GHz AMD Jaguar CPU cores and 8GB of GDDR5, according to Giant Bomb. In addition, the forthcoming gaming console is said to be fully backwards compatible, not to mention that Sony is also set to release the PlayStation VR headset.

In addition to its gaming features, the PlayStation 4.5 is also rumored to support 4K streaming from media streaming firms like Netflix. This feature stands as a reason behind the gaming console's nickname, PlayStation 4K.

It is only May, but talks about PlayStation 5 has also been covered in the gaming and tech industry. In a statement, as cited by Tech Advisor UK, Sony head Shuhei Yoshida said that if they still felt that they needed more machine power, they wanted to realize it and that and that, but they cannot could not do it with the PlayStation 4. As per Yoshida, there was a good reason to have the PlayStation 5, so developers could create their vision.

In terms of price, the PlayStation 4.5 may cost about 400 in British Pounds, as per the publication; thus, it may cost about $600.

For the time being, fans are yet to wait until December this year.