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FinalEvangelion said:
PS1 was officially declared out of production March 23, 2006 - 9 months before the PS3 launched. PS1 was basically dead around 2002. I guess technically, it lasted more than 10 years.

The end of 2012 is about 3.5 years away. Components become cheap over time. I can definitely see PS4 breaking even from the start if it launches at 300-400. R&D will be minimal if similar architecture is used.

Nothing of much note came out on the PS1 after 2002.