actually, the design 'flips' depending on angle/light etc and as you say the text looks white but can be indented. I've watch a few unboxings now and I'm still unsure, this is a US one and it clearly looks like the PS4 logo is white and flat vs the picture above which looks indented - @ 3:40ish you get a fairly good view;
https://www.youtube.com/watch?v=Q9keL69U808
EU version front text indented so may the the lighting in pic 1 (shame about the border though);
https://www.youtube.com/watch?v=IvY8DbrJNq0