"We look at our products having a 10-year life cycle, which we've proven with the PlayStation," said Kaz. "Therefore, the PlayStation 3 is going to be a console that's going to be with you again for ten years. We're not going to ask the consumers to suddenly buy another PlayStation console in five years time, and basically have their investment go by the wayside. So for all those reasons, I think at $599 we're offering a very good value to the consumers."
Understandably, Hirai refused to be drawn on when PS4 would be making an appearance. "I can't speculate on when we might come out with a new console after PlayStation 3," he said. "But my message is that once you become a family in the PlayStation family of products, you become a family member. We make sure that we take care of you."
During the interview, he also implied that Nintendo's Wii console could face some unexpected competition - from the PS2, of all things. Discussing the Wii, Hirai admitted that, "Some consumers will compare features or software offerings and decide that they may want to go with a different console," before adding that, "You also have to realize that we have a very strong, market-leading console called the PlayStation 2, which is at a very affordable price right now."
You can read the rest of the interview here, though keen Kaz-watchers will be saddened to hear there's a lack of mentions for Ridge Racer.


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