PS4 is about to release a new console "update" called the Neo. It will be slightly more powerful and have 4K capabilities. Xbox just did the same with the Xbox one S.
Further to this they will be releasing the "Scorpio" which will be even more powerful still.
These releases have dropped the price of Xbox One and I would assume the PS4 will follow suit. If you have an awesome 4K tv, these are the cheapest 4K players on the market. If this is not a concern, you could buy a console now. But may be worth it to hold off for the Neo to release and lower PS4 prices
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