Most analysts and journalists don't expect the next PlayStation to arrive any time soon; previous estimates said no sooner than 2014.
But that doesn't mean Sony can't be working on the hardware, right? After revealing their annual numbers , Sony went on to confirm they are currently working on a successor to the PlayStation 3 . When financial officer Masaru Kato was asked about an increase in research and development costs, Kato replied that the "main driver" was "prototype research work, development work during the current fiscal year in [the] game segment."
"We have a portable NGP to be launched later this year, so we have development expenses to be incurred for this product and 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."
Nintendo has already confirmed that their new console will be playable at E3 and go on sale next year, and rumor has it that Microsoft is already hiring for "next generation" Xbox development. But as we've said before, we're plenty happy with the current platforms…not like we have any say in the matter. Ready for another console war?