For those of you who claimed PS4 had better graphics than Xbox One, that simply is not true, at least not anymore!
November 2013:
Ghosts PS4: 1080p
Ghosts Xbox One: 720p
May 2014:
Watchdogs PS4 900p (gap decreasing)
Watchdogs Xbox One 792p
November 2014:
Destiny PS4 1080p? (or perhaps less)
Destiny Xbox One 1080p
As you can see, as Microsoft has released their new dev kits there is essentially no difference between Xbox One and PS4 graphics.