In a conference call to investors today, Sony’s Executive Vice President and Chief Financial Officer Masaru Kato was asked to explain the high research and development costs referenced in the recent financials.
“For the home equipment the PS3 still has a product life,” he said, as reported by Eurogamer, “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.”
His statements suggest, as many would have already assumed of course, that R&D is well underway on the next PlayStation platform. Whether that’s the PS4 is open to discussion, of course – could Kato just be referring to the NGP?
Nintendo are showing off their Wii successor at E3 in a couple of weeks, but we don’t expect Sony or Microsoft to follow suit.