If you see the power indicator light atop the PS4 change from blue to flashing red, the console is overheating. Shut it down, let it rest, and return to the machine once it's cooled. It is best to take your console to an open area where it has plenty of room to ventilate.

While it is not indicative of a dead console, some users have reported persistent issues and potentially permanent overheat indicators.

You can also turn the system so that it's standing upright has proven to help some users get their systems to work properly without overheating issues.

You fix the problem by taking it back, getting a refund and then buying a Xbox One on Friday.

thegdome123 wrote just go my ps4 from newegg and it has this red line of death.... Im honestly pissed off right now and i should have gone with my mind and got a Xbone.... How do i fix the problem

Always go with your mind. (Even though it should be gut).

Call sony support and explain the situation

I've heard a lot of people have had this problem. I've heard its from the firmware update, but its really just overheating. Just call Sony support and complain.