Sony hints PlayStation 4 development already underway

Sony gave the first signs of the PlayStation 4 already in development through the earnings call for its latest results. The electronics giant's CFO Masaru Kato explained a rise in research and development costs by noting that "development work is already underway" for the PS3's future replacement. He couldn't say what it was or when it would ship in VentureBeat's recall of the event, although the timing made it unlikely it would be 2011....



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