Kato: PS4 In Development
- Scribbled on May 27th, 2011 by Jonah Falcon
- Filed in Rumor Mill, Sony PlayStation 3
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.
Let us know what you think.

May 30th, 2011 at 12:31 am
[...] few days after Sony CFO Masaru Kato stated that the PlayStation 4 was in development, the Sony brass has refuted that claim through their public [...]