An anonymous industry insider has stated that the PlayStation 4 Neo – Sony's widely-known but not-yet officially announced PS4 hardware revision – exists because the company's PlayStation VR (PSVR) headset "was going to be terrible" on launch PS4s.
The comments were made by chief technical officer (CTO) working in the industry, talking to Edge Magazine in their latest issue. In issue 294, the source states: "PSVR was going to be terrible on a [launch] PS4. It was going to be truly awful. Something a bit more powerful starts to bring VR into range. If you want to deal with crazy requirements for performance in VR, you absolutely have to do this."