PlayStation 4 event: What the analysts are saying (Photos)

The PlayStation 4 will be most likely be unveiled later today, but before that happens, there are many analysts and industry members who have given their thoughts on the PS4 before it is to be unveiled later today in New York City.

According to a report from USAToday today, Inside Network's Billy Pidgeon talked about how Sony will continue their trend of advancing features and capabilities of the PlayStation Network.

"We've been seeing a trend toward offering (retail) games on the same day as downloadable games," Pidgeon said. "That will likely continue."

Wedbush Securities analyst Michael Pachter talked about how he thinks the PS4 is certainly going to be faster, but cautions people that the better systems get, the more real games look, and that's not necessarily something people want.

"I think we're getting to the point where games look almost real, (but) you're just not going to want to look more than real," Pachter said.

P.J. McNealy, CEO of Digital World Research, discussed some of the mistakes the PlayStation 3 made that lead to the system's struggle.

"The PS3 was a pretty big stumble. It was too complex to develop for and ... as a result, it was too expensive, and developers had a hard time making games for it," McNealy said.

Greg Miller, IGN's PlayStation executive editor, came out and said what Sony cannot say the PlayStation 4 is and then asked where Sony can go with this system next.

"You can't come out and say it's an entertainment hub.

"Microsoft has already proven that, and so has PlayStation 3. People are already playing games in HD. They're already getting these streaming services. What's the next step?" Miller said.

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, Video Games Examiner

Steve Ruygrok has been in the journalism world since 2008. In addition to attending major events for the video games industry, he specializes in features, reviews and interviews. Subscribe for the latest feature he has to share regarding the video games industry. You can follow him on Twitter ...

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