NEWS: Sony Is Working On PlayStation 4

01 Jun 2011


Dixons1105311322104-1.jpgWith gadgets like the Wii 2 to be unveiled at E3, and rumours of new Microsoft hardware abound, Sony has dropped hints about its plans for the next generation.
Sony’s executive vice president and chief financial officer Masaru Kato has confirmed that the company is currently developing its “future platform” – the PlayStation 4.
According to Eurogamer, he referred to Sony’s next console during a conference call when he had to explain to investors about a spike in the research and development budget.
Kato said: “For the home equipment the PS3 still has a product life but this is platform business, so for the future platform – when we’ll be introducing that product, I cannot discuss that – but our development is already under way, so the costs are incurred there.”
The news contradicts claims made by Sony Computer Entertainment chief Kaz Hirai earlier this year, who said the firm was “not deliberating” a PS4.