PlayStation 4 Confirmed By Masaru Kato

Sonys next generation console is “already underway” according to Masaru Kato Sony’s Chief of Finance.

Recent speculations and rumours have flooded through the gates in the past weeks. Nintendo’s “Project Café” more-or-less announced and Microsoft is rumoured to have a new console in EA’s hands and at E3. Only time will tell whether that rumour is true.

Sony, on the other hand, have let loose on what they have been splashing out on recently. Masaru Kato, Sony’s Chief Finance officer has admitted to investors that that they are developing a “future platform”. Investors asked why there was an increase in money going towards development and research, they where surprised to hear such a response claim Eurogamer.

“For the home equipment the PS3 still has a product life but this is platform business, so for the future platform – when we’ll be introducing that product, I cannot discuss that – but our development is already under way, so the costs are incurred there.” Admitted Kato

Airing this soon after the PSN crisis may be a wise choice for Sony – diverting the attention from the bad publicity, hyping up the inevitable hype train that is to come. Sony’s PlayStation 3 woes seem to be never ending: the hacking of the system by GeoHotz and then a breach of the PSN network – could Kato mean they are abandoning the PS3 because of these recent problems?

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5 thoughts on “PlayStation 4 Confirmed By Masaru Kato

  1. I was incredibly pleased to obtain this website. I wanted to thanks for your time for this great read!! I positively enjoying every small bit of it and I have you bookmarked to take a look at new stuff you blog post.

  2. I don’t think this is a great move on sony’s part. They don’t even have their next handheld out yet and they already announced their next console? Well, either way, E3 2011 will show if sony flops or if they stay in the war.

  3. Pingback: TimeSplitters 4 In Development; To Appear At E3 With New Consoles « VideoGamerGuy

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