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Sony confirms PlayStation 4 is "under way"

Gurimmjaw

Earthrealm
Sony has confirmed that work on a "future platform" to follow the PS3 "is already under way".

Sony's executive vice president and chief financial officer Masaru Kato made the revelation on a conference call to investors today. He was asked to explain increased research and development (R&D) costs.

"For the home equipment the PS3 still has a product life," he said, "but this is a platform business, so for the future platform - when we'll be introducing what product I cannot discuss that - but our development work is already under way, so the costs are incurred there."

Kato's comments are in direct contrast those of Sony Computer Entertainment boss Kaz Hirai's. Hirai said, three months ago in March, that "a near-future PS4 or next-generation home console is not something that we are even debating now".

Hirai stressed that Sony wasn't "even at the half-way point" in PS3's lauded 10-year plan.

This console cycle may be destined to last longer than previous generations, but there are already rumours of top-tier publishing partners receiving prototype dev kits of Microsoft's new Xbox.

Meanwhile Nintendo has plans to formerly unveil Wii 2 - codenamed Project Cafe - at E3 next month.


http://www.eurogamer.net/articles/2011-05-26-sony-is-working-on-playstation-4


Source: Eurogamer
 

Killphil

A prop on the stage of life.
Yea I heard about this a few weeks ago. If thats the case I still think it will be a couple of years considering the ps3 is only about 6 years into its 10 year life. Right on schedule if you ask me.
 

Tim Static

Adminerator
I think SONY has more pressing issues than PS4. PSN is still fucked up. PSN is still PSN. Stop pushing remade PS2 games as legit PS3 games.

etc etc.
 

Gurimmjaw

Earthrealm
Yea I heard about this a few weeks ago. If thats the case I still think it will be a couple of years considering the ps3 is only about 6 years into its 10 year life. Right on schedule if you ask me.
Don't think that nfo was released 2 weeks ago, but it will be about 5 years until Playstation 4 comes out. I don't think they can enhance graphics anymore tho then how they are now. Think they reached the limit. That goes for all next gen consoles except Nintendo's lol.


I think SONY has more pressing issues than PS4. PSN is still fucked up. PSN is still PSN. Stop pushing remade PS2 games as legit PS3 games.

etc etc.
Yeah you are right they have more important issues than Playstation 4. They need to worry about the security of PSN and all that. PS store still not back up I believe.