The very much anticipated Sony PlayStation 4 (codenamed Delta) is under development, said the company’s executive vice president and chief financial officer Masuru Kato. The news contradicted the statement of Kaz Hirai (Sony’s Computer Entertainment boss), who said that the there were no possibilities of development of any new generation console (hinting at PS4).
Masuru Kato also stated that PlayStation 3 still has product life and will be supported for another year or two. There are also rumors floating around that the PS3 will have 10 years support lifetime instead of 6. Masuru Kato did not hint at any release date for the PS4.
Sony is known for launching the new versions of its console every six years, and the next launch is anticipated during the next year. The company might still be preparing for the launch of Nintendo’s Project Cafe, which is a successor to the Wii. Developers are also tapping in on the new prototype console of Microsoft, the successor of Xbox 360.
PlayStation network downtime and hacking incident might also be responsible for a launch sooner than expected. However, we probably won’t see anything solid until Nintendo’s Project Cafe is revealed, giving time to other console manufacturers to gear up.