I doubt there will ever be one. This gen cost them too much money. They will go through the motions to make sure they get as much back as possible then pull the plug on the console market.
They are never going to even break even on what they have spent over two generations. Its become a pointless excercise.
Are you kidding me, it takes like a quater of the final price to make a console... They make billions from consoles, not to mention the revenue they recieve from sponserships and advertising contracts. There are millions of kids alone who would want one, and then theres teenagers and then us adults, the market is so large for consoles its unreal.
You cant have a world without consoles nowadays, its the biggest craze, when the ps3 was released people in japan and america actually stabbed and shot each other for one!!
The news coverage on the systems was un real, bloody hell HALO3 was all over the news for a week!
You really do not know what your talking about dude.
You really think that?
The dude dosnt have a clue.
It was reported last month that Sony had cut back it's development budget and with other financial information analysts said the PS3 may be Sony's last..
Theres always someone out there whos going to say something like that, you have people predicting things all the time, damn we have been waiting for a house crash for 5 years, interest rates are apparantly going to soar above expectations, its all rubbish, just wait and see, you cant predict anything with these companies.
And to answer the 1st question, they will have started the project soon after the 1st quater of revenue came in from the Xbox, same as the PS3 have done, there now on there way to making a PS4...