Sony Corp. this week said it will release the Playstation 4 Pro Nov. 10 at $399.
The PS4 Pro will include 4K and HDR functionality to improve graphics fidelity. In addition, it will include an 8-core AMD Jaguar CPU, GPU at 4.20 TFLOPS, 8GB GDDR5 RAM, and 1TB hard drive. Current PS4 titles will be forward compatible with the PS4 Pro.
Finally, Sony will sell a new PS4 model that includes a slim case Sept. 15 at $299.
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.