Despite the PS3 having been out for five years already, fans shouldn’t hold their breath for a new console any time soon. Sony Computer Entertainment boss Kaz Hirai told Japanese news website PC Impress Watch (translated for Eurogamer by Keza MacDonald) that “as regards home consoles, the PS3 was put into business in 2006, and it has a 10 year life cycle. This means that we aren’t even at the halfway point. There are certainly many more desirable first and third party titles coming out. As we announce and implement new initiatives on an annual basis, I still believe in the importance of improving the software and feature set of the PS3.”
“I think the value of the PS3 will continue to rise. Because of this, a near-future PS4 or next-generation home console is not something that we are even debating now. That is to say, we are still concentrating fully upon the PS3. Right now, I appeal to you to think of the PS3 and NGP as a new, co-operative partnership.”
It seems we still have a long console generation ahead of us.
Thanks to Eurogamer for the info.