(adsbygoogle = window.adsbygoogle || []).push({});Sony is Working on PlayStation 4 Source: You must login or register to view this content. // By: ClutchLikeMelo // May 26, 2011
Sony has just confirmed that a "future platform" is in the works to follow the PlayStation 3!
Sony's executive vice president and chief financial officer Masaru Kato made the announcement today in conference call to investors. When asked to explain increased research and development costs, he answered, saying:
Originally posted by another user
"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 come at exact opposites with Sony Computer Entertainment boss, Kaz Hirai's. Back in March, Hirai said, "a near-future PS4 or next-generation home console is not something that we are even debating now." Hirai then went on to stress that Sony wasn't "even at the half-way point" in PS3's lauded 10-year plan.
The current console cycle is definitely longer than previous ones, but with the Wii 2 (aka Project Cafe) expected to be unveiled soon at E3, and rumors of top-tier publishing partners receiving prototype dev kits of Microsoft's new Xbox, that may just be the end of this cycle, and the beginning of the next gen consoles!