Playstation 4 Confirmed
The PlayStation 4 has finally been confirmed to be in development. That's some promising news since the recent announcement by Sony that the PS3 was a scheduled for a 10 year life span.
Masaru Kato, Sony's executive vice president and chief financial officer made the announcement to investors today via conference call.
"For the home equipment the PS3 still has a product life," he said, "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."
This comes as the Wii 2 is set to be launched at E3 and rumors of developers receiving the new generation of XBOX prototype development kits.
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