There have been rumors going around that the PlayStation 4 is cancelled by Sony which means that they will no longer do any development or research for a PlayStation 4 (PS4). We’d just read from a more reputable source that this indeed is NOT TRUE. The rumors we’re attributed to a mistake in the translation of news published from a Japanese website.
Gaming and tech news sites/blogs earlier reported about the cancellation but corrected their mistakes. The PlayStation 4 (PS4) is still being developed by Sony but it will not be made available this year 2011 because they will be concentrating on the Sony NGP or the Next Generation Portable.
The Japanese article also said that Sony is planning to increase the lifespan of the PS3 by doing software updates and a few tweaks. There are plenty more things that the PS3 console can do and they will be showcasing it this year.
“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,” said SCEI chief Kazuo Hirai.