Sony Likely to Unveil New Console Soon reports Invitation Box
New string of email invites have fans and reviewers chomping at the bit
The new and tantalizing prospect has ignited discussions on gamer blogs, as well as game-related sites around the internet. Gamers are keen to see an update for the ever-aging Playstation 3.
Michael Pachter, who is an analyst with Wedbush Securities, noted in a tweet that "Sony is inviting investors and media to the Feb 20 event; that means console announcement. I'm genuinely excited".
The company has since declined to say if it will actual release new product at the event in New York. "We will be talking about the PlayStation business," a spokesman told the Reuters news agency.
Sony executives had stated that the PS3 is still holding up as a profitable model after some years of loss, which is a typical outcome for gaming consoles. Thus, the moving directly into a new console now may not make the strongest business sense.
The expectations that Sony will unveil the specifications of a new console, or at least the shape of the new PS4 console have been a growing rumor ever since it emerged that the company was going to stop making the iconic PlayStation 2 console. At the same time, the releases by Nintendo of its new Wii U and the anticipated of the next-gen Xbox, there seems to be a growing likelihood for a Playstation release.
History is also on the side of a new console in the mix, as Sony has used meetings in New York to show off prototypes and details in the past. In January of 2011 it displayed its new hand-held model called the PS Vita. The handheld console, however, has been seeing its share of trouble, with a sales slowdown and being generally outdone by the Nintendo versions of hand-helds, along with other handheld devices such as the Apple iPod Touch.
It appears to be the perfect storm to prompt a new system release, and that is exactly what many fans and longtime users are expecting.
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