WHAT TO EXPECT FROM SONY EVENT: PLAY STATION 4

The eyes of the gaming world are on Sony, which on Wednesday is expected to unveil the PlayStation 4, the latest version of its popular gaming console.

It's been more than six years since the company launched its PlayStation 3. That's an eon in the warp-speed tech industry, and the company faces a drastically altered landscape as it enters a new round of battles with its top competitors: Microsoft's Xbox and Nintendo's Wii (and, now, the Wii U).

Long gone are the days when gamers had to pop into their local game shop for the latest titles. PC gaming, Web streaming and smartphone and tablet games have all sapped the popularity of the venerable living-room console. In this new era of mobile, connected gaming, experts say faster processors and flashier specs won't be enough for the next generation.

"If you look at where the market is headed, it's clear that Sony needs to acknowledge that the traditional console business is dead," said Dan "Shoe" Hsu, editor-in-chief of gaming site GamesBeat. "There will still be some room for big-budget, disc-based games sold at retail stores, sure. But mobile, free-to-play and social are huge in gaming, and the next PlayStation needs to accommodate those sectors."

Still beloved among its legions of dedicated gamers, Sony has some work to do if it is to leapfrog back to the top of the gaming heap.

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In my opinion the technology world advances more quickly than the real world. This is one example from this planet. There are more than 2 play stations, 2 Wii’s, game boys, Nintendo DS, Nintendo 3D, Xbox…

Nowadays all are technologically.  

The new play station (play station 4)