NEW YORK (AP) - Sony unveiled its next-generation gaming system at a New York event Wednesday evening.
The announcement gives the struggling electronics company a head start over Microsoft and an Xbox 360 successor.
The PlayStation 4 is Sony Corp.'s first major game console since the PlayStation 3 went on sale in 2006. Microsoft Corp. is expected to unveil the next Xbox in June at the E3 video game expo in Los Angeles.
Underscoring the importance of a new PlayStation and the U.S. market, Sony held its announcement event in New York rather than in Japan, as it had in the past.
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