(adsbygoogle = window.adsbygoogle || []).push({}); Official Playstation Website link to the Firmware downloads page:

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Writen TUT:

1. On the USB storage device, create folders for saving the update file. Using a computer, create a folder named PS4. Inside that folder, create another folder named UPDATE.
   
2. Download the update file, and save it in the "UPDATE" folder you created in step 1. Save the file with the file name PS4UPDATE.PUP
   
3. You must login or register to view this content. To begin the download. (FW 1.50 for this tut, future references You must login or register to view this content.)
   
4. Turn off the power of your PS4™ system completely. Check that the power indicator is not lit. If the power indicator is lit up in orange, touch the power button on the PS4™ system for at least 7 seconds (until the system beeps a second time).
   
5. Connect the USB storage device that the update file is saved on to your PS4™ system, and then touch the power button for at least 7 seconds. The PS4™ system starts in safe mode.
   
6. Select [Update System Software]. Follow the screens to complete the update.
   

• If your PS4™ system does not recognize the update file, check that the folder names and file names are correct. Enter the folder names and file name in single-byte characters using uppercase letters.
  

Take a look at "PlayStation®App"
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I did this day one to avoid the rush.