Whether you call it the PS4, the PlayStation 4, or "Sony's Next Console" there is no denying now that Sony's next console is in development. Sony has confirmed that the successor to the PlayStation 3 is in development, as it was revealed today during a meeting with investors.
Nintendo is slated to reveal their next console early next month at E3. Microsoft was apparently hiring people to work on their own next generation console back in March. There's no word yet on whether or not Sony or Microsoft will reveal any further details at E3.
Executive vice president and chief financial officer Masaru Kato was asked to explain the rising research and development costs for the company's fiscal year. "In the game segment, we have the NGP to launch later this year. So we have development expenses to be incurred for this product," he explained.
"For the home console, the PS3 still has a product life, but this is a platform business, so for the future platform - when we will introduce the product I cannot discuss - but development work is underway, so the costs are incurred there."
"For the home console, the PS3 still has a product life, but this is a platform business, so for the future platform - when we will introduce the product I cannot discuss - but development work is underway, so the costs are incurred there."
Nintendo is slated to reveal their next console early next month at E3. Microsoft was apparently hiring people to work on their own next generation console back in March. There's no word yet on whether or not Sony or Microsoft will reveal any further details at E3.