PS3 May Not Be Around In 5 Years, Says Sony

By Mike Sousa on October 8, 2013, 9:46AM EDT

With the PS4 releasing soon it's only a matter of a few years before the PS3 leaves the market, and like it was mentioned on our feature regarding the PS2, Sony's second platform was around for nearly 7 years after the release of the PS3. However, according to Shuhei Yoshida, boss of Sony Worldwide Studios, the PS3 may no longer be around in 5 years.

Talking to GamesIndustry about the PS3's life cycle, Yoshida said that the console would be around for another couple of years, mainly because of the price difference, the great library of games and and the fact that publishers are able to support both consoles. But despite this, when comparing to how much the PS2 lasted after the PS3's release, Yoshida revealed that he doesn't know if the PS3 will last another 5 years.

"With this generational transition, from PS3 to PS4, the publishers are smarter now - they're able to develop engines that support multi-generation platforms, not just multi-platform," said Yoshida. He continued on to say "So we'll have a parallel strategy with PS3 and PS4, like we had between PS2 and PS3. PS3 was launched in 2006, in the sixth year of PS2, but PS2 lasted for another five years. I don't know if PS3 will last another five years - but definitely for the next couple of years, because of the price difference, the great library of games and the publisher side being able to support both."

Despite the PS4 being right around the corner, many new titles are still being developed for the console, with Sony revealing that there are still two major AAA PS3 exclusives in development. For those interested in purchasing a PS3, Sony announced recently a price cut for the console, with gamers being able to acquire it for just $199.99.

The PS4 will be released on the 15th of November in North America, arriving at Europe two weeks later, on the 29th of November.

Source: GamesIndustry

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