Don't look for PlayStation 4 unveiling anytime soon

From CNET News.com: Speculation abounds that Sony will be unveiling a new console this year to take on the Wii U. But one of the company's top executives says it won't be happening as soon as some might hope.

Speaking to reporters at the Consumer Electronics Show in Las Vegas yesterday, Sony Computer Entertainment chairman Kazuo Hirai said his company won't be unveiling a new console at the E3 Gaming Expo this summer, according to the Wall Street Journal, which was in attendance at the event. His comments followed a recent statement made by Sony Computer Entertainment president Andrew House, claiming the same.

Although Hirai's statement throws cold water on hopes that Sony would unveil the next PlayStation at E3, it doesn't mean Sony won't unveil the device--presumably named the PlayStation 4--at some point this year.

Last year, reports swirled that both Sony and Microsoft were already working on new consoles. Last April, video game blog Kotaku cited sources who said that both Microsoft and Sony would be launching their next consoles in 2014. A subsequent report last fall said Microsoft would be offering up its new console next year.

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