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Sony unveils new versions of PlayStation 4

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Billy Clark
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View photosMoreA Sony PlayStation 4 Pro is displayed during a launch event in New York City, U.S., September 7, 2016.

Reuters - Sony Interactive Entertainment, a division of Sony Corp , unveiled on Wednesday two new versions of its PlayStation 4 Console in an effort to help Sony maintain its sales lead over Microsoft Corp and Nintendo Co Ltd .

The PlayStation 4 Pro, which will launch Nov. 10, will support higher resolution and more realistic imagery by enabling 4k resolution and higher dynamic range HDR , said Andrew House, chief executive of Sony Interactive Entertainment, at a PlayStation event in New York City Tuesday announcing the new products.

The console will cost $399.

Additionally, the company unveiled a slimmer, lighter and more energy efficient version of its PlayStation 4 Console, which will come out Sept. 15 and will cost $299.

PlayStation Pro, whose code name is "Neo," will support Sony's virtual reality headset, due to launch in October.

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