
There’s been a lot of talk regarding the PlayStation 4 ever since a Sony employee said the company are working on future platforms; however, said employee later clarified the statement by stating he meant the PS Vita being the future platform. Although he may be covering up the PS4′s existence here, Sony has now decided to comment on the possibility of a PlayStation 3 successor.

The path from the PlayStation 1 to the upcoming PlayStation 5 lines up neatly, but only if you’re looking at it numerically. In actuality, for more than 25 years the PlayStation team has had to navigate some of the industry’s most difficult terrain. During that time, a dedicated team of visionaries, engineers, and software developers established a brand from scratch, propelled it to unprecedented heights, struggled to maintain dominance, and eventually returned to what initially made them so successful.

Andrew House is no longer at Sony, but he still thinks that consoles like the PlayStation 4 have big future ahead of them.
I still remember how the misinformed media tried to push a doom and gloom narrative for the future of consoles at the beginning of the decade
Didn't even notice it earlier but PlayStation already has it's own GAAS as part of it's PSN service model. It's "Free-to-Play" games & "Streaming", ala PSNow as part of it's "Adaptive Monetization ", according to Ex-PlayStation Boss Andrew House.
Consoles have successfully existed for the past 46 years and they’ll successor exist for the next 46 years.
Former Sony Interactive Entertainment CEO Andrew House gives an uplifting farewell after stepping down from his position at PlayStation.
“Former PlayStation CEO Andrew House's Stirring Farewell: "PlayStation Has Always Been About Games"
I’m really going to miss this guy. Thank you for your help bringing PlayStation to where it is today.
Is logic,Sony and MS is working in next gen,nothing new.
I still think it will come in Fall 2013. Just makes sense.
There's no doubt in my mind they're working on a PS4, same way that Microsoft is working on their next console.
I think they'd be safe to release it in 2015... it's too early.
It's more than safe to assume they are working on their future home console. I mean it would just be bad for them if they weren't, they can't afford to release their console a year later then competition every time.