A presentation about the PlayStation 4 will likely take place at the E3 conference in June, but its first reveal may be as early as May. Hiroshi Sakamoto, Sony’s Home Entertainment VP who delivered the rumor, hinted at the possibility which had the media abuzz last week, and thanks to CES, rumor has it that it may be substantially more powerful than the Xbox 720.

In an interview with Chilean website El Mercurio, Sakamoto teased:

More detailed information provided by VGleaks last week offers a potentially more precise look at Sony’s possible “roadmap” for the lead-up to the PlayStation 4’s release.

As for today’s rumors on the specs of the PS4 vs. the Xbox 720/Xbox Next, VG24/7 learned through their sources (developers) that “the next PlayStation, codenamed Orbis, will have a run-capability of 1.84 teraflops. Conversely, the next Xbox, codenamed Durango, will be able to achieve 1.23 teraflops.”

2011 Sept/Oct — PC with Win7 64-bit and a “jailbroken” ATI r10 graphics card

2012 Q1 — disclosure to more developers

2012 E3 — potential unveiling window start

2012 Jul — devkits for engineers writing OS

2012 Q3 — first true hardware prototype devkits

2013 E3 — potential unveiling window end

2013 Q4 — launch

Teraflops (trillion floating point operations per second) are in essence, a measure of a computer system’s speed and the PS4 has a substantially higher capacity by these numbers. However, the next Xbox could be supporting twice the RAM as the PS4 (8GB vs. 4GB). With both systems pushing emphasis on non-gaming entertainment, both supporting updated motion control systems and both likely coming with Blu-ray support, it’s going to be quite a battle to see which system is the strongest from a technical perspective (especially if both are priced at $400). For us, it comes down to the software each supports.

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Follow Rob on Twitter @rob_keyes.

Sources: EMOL, VG24/7, VGleaks