Sony will wait for Microsoft before unveiling PlayStation 4

Looks like there's still some time before Sony will show off the PlayStation 4. According to fan site PS4PlayStation 4, Sony won't be unveiling its next-gen gaming console this year. Sony Computer Entertainment Head Andy House said that all the on-going rumours about the PS4 were not true. This was backed by Sony CEO Kazuo Hirai during CES. According to Hirai, "It's a ten-year life cycle."He went on to say, "There is no reason to go away from that." This basically means that the PS3 will still be a viable platform as late as 2015. Keep in mind that the PS2 is still an important platform for Sony, especially in countries like India where the console sells a lot. It may be possible that Sony will be going for a similar strategy with the PS4, releasing it in the next year or so while still supporting the PS3 until at least 2015.Click here for full story