Sony PlayStation event set for February amid PS4 rumors

Sony's game division says the event is to discuss the "future of the PlayStation business"

Sony will hold a PlayStation event in the U.S. later this month amid widespread speculation it is gearing up to launch the PS4.

The company's game division, Sony Computer Entertainment, posted a cryptic video along with the date Feb. 20. The video shows close-ups of the four symbols that appear on PlayStation controllers.

The web page is titled "meeting2013" and a press event is scheduled to be held in New York on the day. Sony executives, including CEO Kazuo Hirai and SCE CEO Andrew House, have refused to comment on potential launch dates for the next generation console in recent months, noting that the PS3 is selling well and is profitable after years of selling at a loss.

"This will be an event to talk about the future of the PlayStation business," said SCE spokesman Satoshi Fukuoka in Tokyo.

He declined to comment further, saying only that Sony occasionally holds such gatherings. The last one was in 2011 in Tokyo to discuss the handheld Vita console.

The first three PlayStation consoles were launched six years apart - in 1994, 2000 and 2006 - making the timing seem right for a new version. Sony is rumored to be working on the new console under the name "Orbis."

"Sony is inviting investors and media to the Feb 20 event; that means console announcement," said Michael Pachter, research analyst at Wedbush Securities in a Twitter message.

Sony's main competitor, Microsoft, is also thought to be gearing up for a successor to its Xbox 360 to be released this year. While those companies pursue hard-core gamers that want advanced graphics and high-end specs, Nintendo goes after a more casual market with lower-end hardware.

Nintendo has struggled with its next-generation console, the Wii U, released late last year. This week the company slashed its sales targets and said it would revamp its strategy around the device.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags sonygamesGame platforms

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jay Alabaster

IDG News Service
Show Comments

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?