Microsoft Corporation (NASDAQ:MSFT) has revealed the technical specs and features of the company’s next gaming platform – the Xbox One at an event in Redmond. Now that the details are out, we can compare the Xbox One with PlayStation 4.

xbox one

Talking from the technical specifications point of view, both are extremely similar. Each console will feature 8-core AMD CPU with 8GB of RAM and Blu-Ray Drives. The One will feature a 500GB hard drive, but Sony Corporation (NYSE:SNE) (TYO:6758) has not revealed any details on hard drive yet.

It seems that since there’s not much difference between the two, technically, and that’s why the buying decision will come down to other points like services, features, integration with TV, subscriptions, and more.

For now, both the companies have not revealed the price of the console. We’ll have to wait until E3 for more details on these next generation gaming platforms.

Xbox One vs. PlayStation 4: Showdown

[table]
Features, Xbox One, PlayStation 4
CPU, 8-core x86 AMD, 8-core x86 AMD
RAM, 8GB, 8GB GDDR5
Blu-ray, Yes, Yes
Hard drive, Built-in 500GB, Very large (size unknown)
Motion control, Kinect (bundled), Move controller
Wireless, Yes (802.11n), Yes (802.11n)
USB 3.0, Yes, Yes
Gigabit Ethernet, Yes, Yes
HDMI, Yes (in and out), Yes
Price, TBA, TBA
Availability, 2013, Holiday 2013
[/table]