Contrary to previous reports, PlayStation Europe CEO Jim Ryan recently stated to Eurogamer that PS4 will probably arrive at the same time as Next-Gen XBox and Nintendo consoles.

To quote: "I think we would consider it undesirable to be significantly later than the competition [with the next PlayStation]."

He also noted, however, that there is still a lot of life left in the PS3 and explained:

"If you look at PlayStation 2, now in excess of 150m units installed globally, a huge majority of that was done at price points of 120 or lower.

We've only just hit 199 in the UK [with the PS3] so clearly there's a considerable untapped part of the market there."
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