
Executives at GameStop (
GME) breathed a collective sigh of relief Wednesday night as
Sony (
SNE) finally dispelled rumors that its next-generation
PlayStation 4 video game console
would block used games.
Sony unveiled the PlayStation 4 during a press conference on Wednesday and while it did confirm that PlayStation 3 titles will not be natively supported on the new console, Sony executive Shuhei Yoshida
told Eurogamer that “used games can play on a PS4.” Sony’s next-generation video game console is powered by an eight-core Jaguar CPU, an AMD Radeon GPU and 8GB of RAM, and it will
launch ahead of the holidays this year.