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Sony Won't Repeat PS3 Investment

Source: You must login or register to view this content./Details revealed on: 27th May

So as most of us know, Sony have now started to work on a new console, obviously going to be called the PS4 I heard a Rumor that it isn't going to be made and released until 2014 but you can't trust rumors! Disappointingly, Sony have admitted that they aren't going to invest nearly as much money as they did for the PS3, which means it may not even be as good.
During an investor briefing, CFO Masaru Kato noted that:

Kato responded to a question from an investor about R& costs by admitting that a new console was at least it Sony's thoughts.
He said:

Yesterday, Sony had a reported profit of £267.4 million from their online network product and services. ("Sales revenue growing at 0.4%). This is a lot better than the previous year's £625.6 million loss. This probably shows why Sony have decided to do this.

So if Sony decide to keep the investment small, will the PS4 actually be better than the PS3? Tell me what you think!

well they already have the basis from the ps3 so i'm assuming that it will just be like the ps3 except better. i don't think it will be all that great though

Dont Worry Sony We Goo To Xbox

It means that they have improved asshole...that now as they have develop, and achieved to lower cost production there won't be a need of a huge investment and therefore the price of the "PS4" won't be necessarily be of u$s250-500.