"This is a platform business."
Sony has confirmed that work on a "future platform" to follow the PS3 "is already under way".
Sony's executive vice president and chief financial officer Masaru Kato made the revelation on a conference call to investors today. He was asked to explain increased research and development (R&D) costs.
"For the home equipment the PS3 still has a product life," he said, "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."
Source: http://www.eurogamer.net/articles/2011-05-26-sony-is-working-on-playstation-4
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