Sony Corp. will preview the high-end Playstation 4 and a new Playstation 4 model at the Playstation Meeting in New York Sept. 7.

The high-end PS4, code-named Neo, is said to include enhanced graphics and 4K resolution support.

In addition, it is expected to be sold concurrently with the standard PS4 SKU and support all or most PS4 game titles.

The new PS4 model, a smaller version of the current console, will include a condensed frame and rounded corners.

In Q1 2016, the Game and Network Services division, which includes the Playstation business, held an operating income of $427 million.

The PS4 sold 3.5 million units in the same period.

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