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imageGood news for all the Play Station gamers, Sony is set to introduce two versions of its Play Station 4 gaming console very soon.

The Japanese tech giant previously announced in June that it would launch an enhanced version of PS4, along with plans to introduce a new PS4 standard model in New York’s press event on September 7, reported The Wall Street Journal.

The move comes as the company seeks to attract more users to its videogame platform, analysts said. The company wants to develop a loyal user base to earn consistent revenue.

Sony has sold some 40 million PS4 consoles since it was launched in 2013, and remains the highest-selling video game console, compared with Microsoft’s Xbox One that was launched the same year but has sold about half that number, reported TechCrunch.

The new standard model is going to be slimmer and less expensive than the current device, which costs around $350, said Macquarie Securities analyst Damian Thong. The move would mark a shift in Sony’s strategy as it has always released one console at a time, added Thong.

While its gaming business continues to grow, its mobile business is leaking money. As per reports, Sony gaming division accounted for 75 percent of the company profits in the 1st quarter of 2016.

Copyright Business Recorder, 2016

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