In a recent briefing last Thursday, some comments by Sony CFO Masaru Kato were interpreted to mean that a successor to the PlayStation 3 is in the works.Kato referenced development of future platforms, and the rumor mill inferred that Kato was referring to the PS4. That apparently wasn't the case.Sony hasn't had it easy these last few months. With a net loss of nearly 260 billion yen, hacks across the globe, and a severely impaired PlayStation Network, Sony has been trying to fix itself.The Wall Street Journal reported that Sony expects its R&D spending to rise from 428.6 billion yen to 460 billion yen. When asked as to why there's an increase in spending, Kato mentioned the R&D costs for a new portable gaming machine, dubbed the Next Generation Portable (NGP).
Kato also said that the PS3 still has life on the market. He followed that by saying, "But this is a platform business, so for future platforms, though I can't say what we are going to release when, our development work is under way." This was extrapolated, and spun into PS4 rumors across the web.But Kato was not referring to the PS3, he clarified in an interview with the Wall Street Journal this past Monday. The NGP was the only product he specifically referenced."Any time we launch a product, from that day we already start thinking about the next one," Kato said. His statement about development of future platforms was "just a general statement," he said.Sony shut down its Playstation network in April after a security breach in its PlayStation Network and Qriocity services. Sony said that the hackers stole personal information -- including names and e-mail addresses -- from all of 77 million Playstation Network and Qriocity service accounts, including credit card informat ion of 12.3 million account holders. The services partially resumed in the U.S. and Europe earlier this month, but not after a rush of building a new system that has more firewalls, an offer to provide $1 million identity theft insurance per customer, month-long free play for affected customers, and lost revenues because of the month-long shut down.Sony said it has implemented considerable security enhancements to the network infrastructure, as well as conducted testing of the payment process and commerce functions. The first phase of PlayStation Network and Qriocity restoration began on May 15 in the Americas and Europe/PAL territories, followed by Japan and Asian countries and regions on May 28, when the company brought partial services back online. With this partial restoration users were able to access to some of the services such as online game play, account management, friend lists and chat functionality were restored.
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