Sony's upcoming and highly rumored gaming console PlayStation 4 is gaining traction almost every day with details emerging about new features and specifications, and now there's more to follow for the fans.

Per reports, the new PlayStation from Sony is expected to arrive with an amazing ability to render the supported games at an impressive 240 FPS (frames per second).

The new information was revealed by video game analyst Michael Pachter while speaking about the new console owing to a Bloomberg report. Pachter also believes that Sony "is 100 percent certain to announce the PlayStation 4" at the previously mentioned event set to be held on Feb. 20.

"They'll be able to put a lot more characters on the screen and allow for hyper-realistic games," Pachter stated while discussing about how Sony with the upcoming console will manage to set new standards within the video game industry.

It was discussed that Sony's new console will feature graphics chips developed by Advanced Micro Devices Inc. (AMD), and while current generation consoles are known for rendering most games at 30 frames per second, of course with only a few titles managing to hit 60 frames per second, Pachter believes that the PS4 will arrive with the aforementioned processors that will give the console the ability to render games at 240 frames a second.

However, Sony, similar to the company's policies in the past, with the introduction of the PlayStation 4 will still continue to support, manufacture and retail the current generation PlayStation 3, which is almost seven years old now.

This seems to be very basic and sensible decision by the company owing to the fact that the new PlayStation will still need some more time after release until it has generated popularity among fans. This is also what Sony did with the release of PlayStation 3 with support for PlayStation 2 at that time. Of course, the PS2 manufacturing has now been stopped, and the same fate awaits the PS3 sometime in the future.

"We don't comment on rumor or speculation as a matter of policy," stated Drew Prairie, a spokesperson for AMD which is currently based in Sunnyvale, California. Nvidia Corp. is known for providing the graphics chips for the current generation of Sony game consoles.