A statement made during a conference call to investors by Sony’s executive vice president and chief financial officer Masaru Kato has some people asking this very question…

Today during a conference call to investors , Masaru Kato made this revelation;

“For the home equipment the PS3 still has a product life,” he said, “but this is a platform business, so for the future platform – when we’ll be introducing what product I cannot discuss that – but our development work is already under way, so the costs are incurred there.”

Kaz Hirai, just a few months ago, has gone on record saying “a near-future PS4 or next-generation home console is not something that we are even debating now“.

What do you think? Is it to early, too late, or just the right time to begin development on the PlayStation 4? Let us know below.

Source: EuroGamer