Sony Drops Potential PlayStation 4 ClueBy Ajané Celestin-Greer | May 26, 2011 | News | No comments | Share
According to website Venturebeat, Sony dropped a hint that it is working on a PlayStation 4 as it reported game profits for the year.
Sony chief financial officer Masaru Kato spoke on the company’s earnings call:
For the home equipment the PS3 still has a product life, but this is a platform business, so for the future platform – when we’ll be introducing what product I cannot discuss that – but our development work is already under way, so the costs are incurred there.
The important thing to notice here is that Sony’s Research & Development costs are rising. This could mean that Sony is working on developing a new chip and is in the early manufacturing stages. Gamers might remember what a colossal cost making the PlayStation 3 incurred ($1.97 billion USD was lost) and that they only recently started seeing profit on it.
With this in mind, it might not make much sense that they would already begin developing their next console with they themselves believe the PlayStation 3 has so much product life left. But it could be so that PlayStation keeps up with the competition, especially with Nintendo already unveiling the successor to the Wii at E3.
It is not expected that Sony will talk about the PlayStation 4 much, if at all, at E3.