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It'd be quite a long time. It has been shown over and over and over again that people who purchase handhelds do not care as much about graphics, so there is no need for such a handheld device. Maybe in 10-12 years with Nintendo's 3rd generation hybrid could we start seeing such. But Sony is going to stick to home consoles, their bread and butter, so there's absolutely no reason to stick their necks out once again to attempt a portable or hybrid console. With the way they have utterly dominated the home console market this generation, that would only be a waste of resources for them.