Sony is about to release 2 new PlayStations

Over 40 million people already own the PlayStation 4 game console from Sony, but with 7 billion people on the planet, Sony is betting it can move another few million.To that end, the Japanese hardware maker has not just one but two new versions of the PlayStation 4 in the works. And one's coming out pretty soon!

Here's everything we know:

First thing's first: Two new versions of the PlayStation 4 are in the works. They are the PlayStation 4 Slim and the PlayStation 4 "Neo."

This is the PlayStation 4 Slim, up close and personal. (Eurogamer)

DON'T WORRY: All your PlayStation 4 games, digital and disc, will continue to work on the Slim and the Neo. They're all part of the same "platform."No games are available only on the new systems. PlayStation 4 Neo is "intended to sit alongside and complement the standard PS4," according to Sony's head of PlayStation, Andrew House.

Sony has publicly confirmed only one of the two new PlayStation 4 consoles: the PlayStation 4 "Neo." It's a more powerful version of the existing PlayStation 4.

Gorgeous upcoming games like "Detroit" (seen above) will look even better on the new PlayStation 4 "Neo" console. (Quantic Dream)

The PlayStation 4 Neo is slightly different internally from the current PS4. It's not a gigantic jump in power, but it is a notable lift. Here's the full rundown, care of leaked specs:

—It's got the same main processor, but it has been tweaked to run slightly faster.

—It's got a new graphics processor that's far more capable than the current PS4's graphics processor (just over twice as powerful).

—It's got the same amount of memory, but it's also been tweaked to handle more equations.

All of which is to say: No, you don't need to replace your current PlayStation 4 with Neo.

To that end, the PlayStation 4 "Neo" is capable of powering 4K games — the next evolution in graphical fidelity after high-definition.

Samsung is a global leader in display technology. The company uses "UHD" — ultra high definition — as a stand-in for the term "4K." (Samsung)

4K and UltraHD are the next evolution of television. Like standard definition was to high-definition, such is high definition to 4K/UltraHD. Neo can produce games and movies in 4K. You'll want a nice 4K/UltraHD TV to really take advantage of those prettier games. If you already have one, that's fantastic! But you're in the minority — less than a quarter of American households have them.

4K/UltraHD TVs cost $500 to $1,000 (and up, of course) depending on size and options and which company you go with — Samsung's TVs cost more than Vizio's TVs, for instance. They aren't outrageously expensive, but you'll pay a lot more for a new 4K/UltraHD TV than you will for the standard HD equivalent.

The post Sony is about to release 2 new PlayStations - here's everything we know first appeared on Business Insider.

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