PS4 Development has Started Says Sony Chief

Posted on May 27 2011 - 9:07pm by Thomas Sharp

Sony’s Chief Financial officer, Masaru Kato has admitted that Sony is developing a ‘future platform’ which will eventually replace the Playstation 3. He didn’t actually say it but his statement has enticed bloggers and gamers alike to start talking about the Sony PS4.

During a conference call Kato Said“The PS3 still has product life, but this is a platform business. So for the future [of the] platform, when will we introduce it? What product? I can not discuss that. But development work is already underway.”

Although this sounds exciting, it doesn’t mean Sony will be rolling out the Playstation 4 anytime soon. In previous statements Sony has explained the PS3 has at least a ten year product lifespan meaning it will be around until 2016. They also expect to sell around 15 million PS3 consoles in 2011 alone, a fact that Sony will want to capitalize on after recent events affecting the PSN network.

Many sites are predicting we could see the PS4 and Xbox 720 during the 2012 E3 conference, others are being less optimistic tipping the date to be in 2013. At this stage we’ll remain on the fence, as let’s face it, nobody really knows and today’s news is literally the first Sony has had to say about the PS4.

What would you like to see on the PS4? Do you feel the PS3 needs replacing before 2016?

via: Gamasutra

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2 Comments so far. Feel free to join this conversation.

  1. Matt May 28, 2011 at 10:46 pm - Reply

    Are you kidding? I literally just bought a PS3, because of the fact they said it would be around until 2016. If they replace it now… then, talk about a waste of money of my part =/

  2. Shiraz June 7, 2011 at 12:14 pm - Reply

    they are releasing the new psp the psvita, and if they do start developing a ps4 it will years until they release it, because they have to make it bigger than the ps3 so you can expect the ps4 around 2015-16.
    I bought the ps2 late and then they released the ps3 so i wasted my money but i know now that the ps4 is a long time away and i can play the ps3 for 4-5 years.

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