PlayStation 3 and Xbox 360 are both in the longest console cycle we’ve ever seen, and while there are rumors that Microsoft will announce an Xbox 720 at next year’s E3 (which Crytek has since denied), IndustryGamers has now heard from industry sources (at a top developer) who wished not to be quoted that Sony is looking to unveil a PlayStation 4 sometime next year as well. (Industry, PlayStation 4, Sony)

If Microsoft does announce a new system, we could certainly see Sony feeling the pressure not to be a year behind its rival again, as it was with Xbox 360. As for Nintendo, the pending release of Wii U could also be a factor as the competition observes how well the tablet controller idea is received.



-Via James Brightman (N4G.COM)