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_crazy_man_ said:
...

Then why is PS4's rumored at 1.84 TFlops and the nextbox like 1.2 TFlops if they have the same APU?

Is it clock speeds?

GPU shader count. But it's like a PC - a game made to run on a $100 graphics card with 120 shaders will run just fine on a $200 graphics card with 180 shaders. There's almost no effort to port between the two this gen, though yes PS4 will be slightly more powerful.