PlayStation 4 firmware update 6.50 adds remote play and a region-specific 720p streaming option.
Update 6.50 is live, and its new remote play feature was shared on the official PlayStation Twitter account. The accompanying iOS app is available to download now on iTunes.
Starting today, you can stream your favorite PS4 games to your iOS devices with the PS4 6.50 update! Download the PS4 Remote Play app from the App Store to get started. https://t.co/65I0fNupP5 pic.twitter.com/VHeOYAV1Uz
Source: IGN.com Newest PS4 Update Lets You Stream Your PS4 Screen to iOS Devices