Sony is expected to unveil its long-awaited successor the PlayStation3 later this month following the release of the above video, teasing fans that they will be able to 'See the future of PlayStation' on February 20th.

The arrival of the video was swiftly followed up by a report in the Wall Street Journal claiming that its sources has confirmed that 'Sony's device will be released later this year, and will spar against Microsoft's own machine, which is also expected to be released by the holidays'.

The article's unnamed sources also claim that the PS4 will 'incorporate more social gaming aspects' and that 'while hardware improvements were a key focus of past console upgrades, Sony is focussed this time on the changes in how users interact with the machine'.