8-core x86 CPU (built by AMD)
PC GPU, delivering almost 2 TFLOPS of performance.
Unified 8GB of GDDR5 memory for use by both the CPU and GPU with 176GB/s of memory bandwidth
Large local hard drive
"We don't know specifics of the GPU, but with approaching 2 TFLOPS we're looking at a level of performance somewhere between a Radeon HD 7850 and 7870. The highest end PC GPUs are already faster than this, but the PS4's GPU is a lot faster than the PS3's RSX which was derived from NVIDIA's G70 architecture (used in the GeForce 7800 GTX, for example). "
http://www.anandtech.com/show/6770/sony-announces-playstation-4-pc-hardware-inside
The design of the Radeon 7900M series has its roots to the Pitcairn chip as found, for example, on the desktop Radeon HD 7870. The 7970M in particular is similar to its desktop 7870 counterpart with 1280 1D shader cores and 80 texture units, but has a core clock of only 850 MHz versus the 1000 MHz of the HD 7870. As a result, general performance of the HD 7970M is expected to lie somewhere between the 7850 and 7870 desktop Radeon cards.
The TDP is 100W again confirming its not power hungry making it console friendly
http://www.notebookcheck.net/AMD-Radeon-HD-7970M.72675.0.html
PC GPU, delivering almost 2 TFLOPS of performance.
Unified 8GB of GDDR5 memory for use by both the CPU and GPU with 176GB/s of memory bandwidth
Large local hard drive
"We don't know specifics of the GPU, but with approaching 2 TFLOPS we're looking at a level of performance somewhere between a Radeon HD 7850 and 7870. The highest end PC GPUs are already faster than this, but the PS4's GPU is a lot faster than the PS3's RSX which was derived from NVIDIA's G70 architecture (used in the GeForce 7800 GTX, for example). "
http://www.anandtech.com/show/6770/sony-announces-playstation-4-pc-hardware-inside
The design of the Radeon 7900M series has its roots to the Pitcairn chip as found, for example, on the desktop Radeon HD 7870. The 7970M in particular is similar to its desktop 7870 counterpart with 1280 1D shader cores and 80 texture units, but has a core clock of only 850 MHz versus the 1000 MHz of the HD 7870. As a result, general performance of the HD 7970M is expected to lie somewhere between the 7850 and 7870 desktop Radeon cards.
The TDP is 100W again confirming its not power hungry making it console friendly
http://www.notebookcheck.net/AMD-Radeon-HD-7970M.72675.0.html