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@ Conegamer

The 10-year life cycle does make sense. The PS3 has been up YoY since launch. This may be the first year where the PS3 will be down YoY, and it still won't be terribly down. Next year will be when the PS3 drops too low for it to be the main platform. And that's when Sony will likely release the PS4. You don't release a neww console when the current is in its peak. You release it when it's a few years after it's peak. That's what Sony is doing.

The 10-year thing just means Sony will support the PS3 until 2016, which may or may not prove smart depending on how developing countries recieve it.