The Sony Playstation 4 Slim console will be released at an event in New York on September 7th at 3 p.m, at the Playtion Theatre. by Sony CEO: Andrew House.

More affordable and cheaper that the original PS4, the 500 gigabyte PS4 Slim will be retailed at a price of $350.00. While there are new aspects of the console, the features will not be released until the New York event. The PS4 slim is an upgraded and thinner 4k version of the original Playstation 4. House stated that the upgraded PS4 was, “intended to sit alongside and complement the standard PS4.”

Better graphics, cheaper membership, and great performances is what Sony guarantees for the new PS4 Slim. ‘Neo’ the high-end version codename of the redesigned model of the original PS4 will be observed at the Playstation Theatre as well. Videos of the games for the PS4 slim console have been boated up and leaked on the online auction site.

Sony is expected to make a number of announcements at the September event, and one of the items on the agenda seems to be the slimmer PS4.