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Monges79 said:
Sony are the company of the big three that are hurting the most financially. I can definately see why they are not initially planning on revealing a new console. With their supposed 10 year cycle console plan, they should have released the PS4 last year. They have obviously abbandoned that plan, but of the big three, I could see them bowing out of the console race.

Don't think the fact they didn't release last year means they've abandonded the PS4. This gen is just unusually long regardless of financials worries (look at MS)