CES 2012: There Won’t be a PlayStation 4 at E3

Sony said that it doesn’t expect to announce a new console at this years .

Sony division head Kaz Hirai said that they’ve always expected the PlayStation 3 to have a decade long life cycle, and he doesn’t see any reason to rush and replace it with a new system.

During an investors roundtable at the trade show, a reporter questioned the possibility of new console announcement. The head of Sony’s video game division, Andrew House, said that there would be no announcement at the show.

“Andy [House] is absolutely right in that we are not making any announcements at ,” Hirai added, reports The Wall Street Journal. “I’ve always said a 10-year life cycle for PS3, and there is no reason to go away from that.”