Thursday, 26 May 2011

Sony Confirms PlayStation 4 Is In Development

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In the wake of all the chaos Sony’s endured as of late along with negative earnings reports, the company may be trying to soften the blow by hinting at a next-generation PlayStation 4 console. The company has just reported a $3.1 billion annual loss, with factors ranging from the Japan earthquake to the $170 million loss from the PlayStation Network attack.


In a conference call with shareholders today, Sony CFO Masaru Kato explained away increased costs to research and

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