Screenshot by John Falcone/CNET

Sony could be about to announce two new PlayStation 4 consoles, according to the Wall Street Journal. Both units are set to be introduced next month, people familiar with the matter told the newspaper.

The upgraded console outlined by the company earlier this year, capable of outputting 4K-resolution graphics, could be joined by a slimmed-down, cheaper version of the console. That would give gamers options to suit their varying budgets and demands.

Sony is set to hold a press conference at the PlayStation Theater in New York on September 7 where the company is expected to outline the consoles in further detail.

The tech giant first announced its intention to launch a high-end version of the PlayStation with better graphics capabilities, codenamed "Neo", in June.

Sony has yet to confirm its intentions to also release a cheaper console, although pictures of a thinner model with a matte coating appeared in an online auction listing this weekend.

Sony did not immediately respond to a request for comment.