Posts Tagged ‘PlayStation 4’

Sony decide to Reduces Investment Cost For PlayStation 4

Friday, May 27, 2011 15:07 No Comments

Development is already underway on Sony’s next home console, according to the company, though it won’t repeat the ambitious and expensive PS3 development process that kept its division in the red for so long. Speaking to investors Thursday following the announcement that its PlayStation division posted a profit in the previous fiscal year, Sony Corporation executive vice president and CFO Masaru Kato revealed that part of its projected R&D cost in the coming year will be used for the next PlayStation home console. “The PS3 still has product life, but this is a platform business,” he said. “So for the future [of the] platform, when will we introduce it

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