While Sony Computer Entertainment has publicly admitted development of its next-generation PlayStation 4 video game console, it remains extremely tight-lipped about when the new hardware hits the market. In fact, the firm continues to insist that its PlayStation 3 will survive a ten years lifecycle and denies plans to show off the PS4 at the E3 trade-show in mid-2012.
“Andy (House) is absolutely right in that we are not making any announcements at E3. I have always said a 10-year life cycle for PS3, and there is no reason to go away from that,” said Kaz Hirai, the head of SCE, during a roundtable with reporters at the Consumer Electronics Show, reports the Wall Street Journal.
Some industry insiders noted in late 2011 that both Microsoft Corp. and Sony Corp. may unleash their next-generation Xbox and PlayStation systems in 2012 so that to tackle the launch of Nintendo Wii U. However, it looks like the two companies have no plans to introduce new consoles this year and, as other rumours say, will release them in 2013 or even 2014.
Given the progress of tablets and smartphones and the cost of games for those platforms, Microsoft and Sony need to speed up their announcement as otherwise gamers will migrate to devices with better graphics and lower-cost games.