Sony's PS4 unveiling will beat Microsoft's Xbox 720 announcement, says report.

Sony's February 20 "PlayStation Meeting" event in New York will see the PlayStation 4 being officially unveiled, according to a report by the Wall Street Journal.

Last night, Sony released a 45-second video inviting gamers to "see the future" on February 20, with invitations to the "PlayStation Meeting" event being sent out shortly afterward.

While Sony has not made the details of its event public, many speculated that this would be the unveiling of the PS4. The Wall Street Journal has now directly said Sony will be announcing its new console at the event, with a report saying that "people familiar with the matter have said the new device will make its debut there."

Social features and the user experience will be two of the key focuses of the new console over raw hardware power, according to the report. "Sony is planning to incorporate more social gaming aspects into the new machine," said the WSJ. "Also, while hardware improvements were a key focus of past console upgrades, Sony is more focused this time on the changes in how users interact with the machine."

The WSJ also states that Sony will debut the PS4 before Microsoft unveils its own next-generation Xbox, although both machines will launch later in 2013.

GameSpot has been looking into what the long-anticipated next-gen machines might contain, and has stacked up their believed specs against the PC.

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