Kato: Sony PlayStation 4 In Development

During an investor call, Sony’s executive vice president and chief financial officer Masaru Kato stated that a “future platform” to follow the PlayStation 3 was “already under way”.

Kato stated during the call:

“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.”

Of course, this could be a line fed to investors questioning Sony that if Nintendo was releasing a new console, where was Sony’s? Three months ago, Sony Computer Entertainment boss Kaz Hirai flatly stated that development on the PlayStation 4 was on the “backburner” as the company focused on the NGP – PS4.

Let us know what you think.

Jonah Falcon is a blogger for TMRzoo and GameStooge.com and covers all gaming consoles and platforms including Sony Playstation 3, Microsoft XBOX 360, Nintendo Wii, Sony PSP and computer games designed for Mac OS, Microsoft Windows and Linux operating systems. Jonah provides his readers with reviews, previews, release dates and up to date gaming industry news, trailers and rumors.

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