PlayStation 4:

• Price: $399
• Power: 8GB of DDR3 RAM powered by a custom 8-core AMD CPU plus 500GB hard drive
• No requirement for device to be connected to the Internet in order to function
• BluRay Capable
• No fee in order to play used games
• Bluetooth compatibility
• Console is all about gaming
  

  PS4 is $100 cheaper than competing Xbox One

Xbox One:

• Price: $499
• Power: 8-core x86-64 AMD “Jaguar” CPU and 8GB of GDDR5 RAM plus hard drive space
• Online requirement – XBox must connect to the Internet at least once every 24 hours
• BluRay Capable
• Fee for used games
• Not Bluetooth compatible
• Aims to become all-in-one media box

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