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Announcement at E3 2013 (or TGS 2013 for PS4) and actual release the 3rd or 4th quarter 2014 to build the hype and give time to developers to make games for the new platforms. Also the new components (CPU+GPU) will be cheaper. 2013 will be the year of PS3, with plenty of great exclusives to come out. No need to hurry for Sony. Maybe for MS, but this time it may end up like the Wii U. the technological gap is not that high. And this is the time to milk out the old consoles.

Just a guess. Analysts know better!