Clarifying the increased expenditure Kato stated that:
"For the home equipment the PS3 still has a product life, 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."
Earlier this year Kaz Hirai, head of Sony Computer Entertainment, dismissed claims of a PlayStation 4 appearing in the near-future stating that Sony's 10 year projected lifespan for the PS3 wasn't "even at the half-way point".
Earlier this year Kaz Hirai, head of Sony Computer Entertainment, dismissed claims of a PlayStation 4 appearing in the near-future stating that Sony's 10 year projected lifespan for the PS3 wasn't "even at the half-way point".
Nintendo's next home console is to be formally unveiled at E3 2011. Speculation is also high that Microsoft will be unveiling an Xbox 360 successor at the event.
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