Sony Is Working On The PlayStation 4

By James Hawkins in Gaming News
Friday, May 27, 2011 at 2:00 pm
PlayStation division of Sony Entertainment rocked da house financially over the past fiscal year, netting some handsome figures and earning the company about half a billion buckaroonies (as opposed to the $1 billion they lost the year before). They sold something like 13 million units in the last 12 months -- not bad for a system that is about 5 years old and competes with the Xbox 360.

But, in a public comment to investors issued by CFO/Exec VP Masaru Kato, there is some moolah in the budget for development on the next generation of platforms. This is the video game industry after all. Shit moves right quick. Hit the link for some more information and let the rumors commence!

In quoting Mr. Kato, you can see how dodgy the whole thing is. There is a new platform coming, and the PlayStation 3 has life left, but no solid information is given to us. He states, "(this) is the platform business, so for the future platform -- when we'll be introducing the product, I cannot discuss that -- but our development work is already underway."

No, he doesn't call it the PlayStation 4, but you don't have to be James Hawkins to figure out that it will probably be given that name. And the whole, "development work is already underway" thing. I bet its been in the works since the day the PlayStation dropped. Maybe even before.

So, all that isn't truly news. It's just a little snippet for everyone to get up in arms about for the next few months or years until more information comes along. But we did learn a little bit more -- this next console likely won't be unbelievably expensive. Sony has acknowledged that having such enormous manufacturing costs for the PlayStation 3 has had Sony eating costs for years after the platform's release. Which is a good thing, because gamers pay a lot of money for their things, and dammit, we're tired of it!
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