According to a feature in the upcoming issue of PSM3 magazine in the UK, early specs of the PS4 show that the platform is looking to be a more powerful machine than the next-gen Xbox console. PSM3 sister publication Xbox World also suggests that PS4 will have a more powerful processor, but added Microsoft has built the next Xbox with "utility and innovation" in mind, rather than raw power.

The magazines also suggest that the next Xbox will likely be ready for the 2013 holiday season, with the PS4 coming out only a few months later.

Hopefully we'll get the full story this spring, as it's been reported that both Sony and Microsoft will unveil their new platforms at E3 2012.

[Via VG247]