Sony Temporarily Shelving PS4 Development?

Considering the situation, we assume this might be interpreted as good news by both gamers and developers.

According to a report on a Japanese website, as translated in the Beyond3D forums, it seems Sony has halted their plans for the next generation of consoles. For now, they're putting it on hold for a couple of reasons: firstly, so the PS3 can remain as relevant as possible for as long as possible, and secondly, because they put a lot of stock in the PSP2, and see the industry shifting in the portable/mobile direction. Apparently, Sony was working on a "PowerPC-based system at IBM Rochester after the Larrabee fallout," but they won't be immediately pursuing that. If any of this is true, game designers and publishers will likely breathe a sigh of relief; the vast majority have gone on record saying they hope the next generation is a ways off. Many have only recently come to terms with the PS3's complex hardware and Sony only recently started to turn a profit on the machine.

Perhaps this report has been sparked by the latter fact: Sony's game division posted a 135% rise in the third quarter, thanks to "significant cost reductions" and "higher unit sales of PS3 software." So maybe they're looking forward to the future as the PS3 continues to bring in much-needed profit.  For our part, we can do without the PS4 for...oh, years.

2/15/2011 9:05:17 PM Ben Dutka

http://www.psxextreme.com/ps3-news/8572.html

Give it up, people.

The question was : "Will there be a PS4 in 2011?"

And the answer was : "no"

There is nothing in that interview that would even rempotely suggest development (of anything) was halted.

Could a mod simple remove these silly threads?

Go here:

Beyond3D forums

I doubt they are shelving the PS4. Probably just don't have plans to release it anytime soon. The PS3 is startng to turn a profit and I honestly believe that devs don't want dev costs to rise even higher than they are. The next gen consoles aren't needed for a very LONG time.

Wasn't the initial goal of the PS3 to last over two generations?  I mean they jam packed it with 700 dollars of technology from the beggining so that when next gen hardware came along they could still be in the running on an even level without customers having to get a another next gen Sony home console.

They better hope they can make it last longer, otherwise this generation really will have been disastrous.

I wouldn't mind if the PS4  launches sometime in 2014 - 2015.

lol, these has been posted like twice now, and no, it was a mistranslation. and btw, in the same breath that it was talking about ps4, it was also saying that microsoft is in the same position with their next console as sony is, so if its true then its also saying microsoft wont be putting a console out either

Not sure why everyone is so desperate for Microsoft or Sony to release a new console. It seems mostly to stem from historical trends which this generation has repeatedly rebuffed. The only console likely to follow a traditional trend is the Wii and that is wide open for debate.

already posted http://gamrconnect.vgchartz.com/thread.php?id=124625&page=1#1

Plus it turns out it was a mistranslation

PS3 = current gen plus 50% of next gen console