tekgoblin writes "Well it looks like we will be going another year without the release of a refresh to the Sony PlayStation 3 console. Kaz Hirai, the Representative Corporate Executive Officer and Executive Deputy President of Sony Corporation, and Andrew House who is the Group CEO of Sony Computer Entertainment have both stated that there will be no announcement of a PS4 console or next generation device at E3 2012 or anytime soon. Many people have anticipated new hardware from both Sony and Microsoft this year with the impending launch of Nintendo’s newest console, the Wii U. Though it easy to argue that the Wii U is just simply an attempt to catch up to the XBOX 360 and PS3 when it comes to hardware performance and gaming graphics."
Link to Original Source