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Sony wont die for better or worse. And I dont think thats the issue here.

The real question is if Sony will ever be able to regain their dominance in the gaming market. With the PS3 it is a definite no. If a PS4 comes out in the future it would give them another chance. The question of course remains, when will the next PS4 be released?

Id say 5 years from now. Right before Christmas 2013. That gives them plenty time for development.