Sony is not working on the PS4

News alert for Play Station fans that Sony is not working on the PS4 anymore. This stoppage is due to the announcement of NGP. Sony already plans to release NGP this year. However it would be better for Sony to release next-gen PS4 in next year. Sony’s Executive VP and Chief Financial Officer Masaru Kato said:

“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.”

Source: Ripten

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