This is my first time posting here, so forgive me for the complicated way I may ask this. I currently have my Xbox 360 hooked up to my hd monitor and get the video through an hdmi to dvi-d cable. This works beautifully, but doesn't allow audio. For audio I take the convention Xbox 360 av cables (red, white, and yellow), and plug those into the stereo speakers I have. It works fine, but won't when the ps4, which is hdmi only, arrives at my home. I would have the video, but need a way to receive audio as well.

Any solutions would be great

A DAC (digital-analog converter):

http://www.monoprice.com/Product?c_id=104&cp_id=10423&cs_id=1042302&p_id=6884&seq=1&format=2

You'll also need an optical cable to run from the PS4 to the converter:

http://www.monoprice.com/Product?c_id=102&cp_id=10229&cs_id=1022901&p_id=3395&seq=1&format=2

I believe Turtle Beach also makes one.

Those options are low-end, but they'll work. Let me know if you'd like some higher-end options.

Edit: I looked on Amazon for you really quick, FiiO is a quality name for consumer audio, and it includes all the cables, too.

http://www.amazon.com/Digital-Converter-Optical-TOSLink-Coaxial/dp/B00BVT4M30/ref=sr_1_1?s=industrial&ie=UTF8&qid=1386112925&sr=1-1&keywords=optical+rca