Sony: 'no need to transition' to PS4 yet

Some sad news has come out of Gamescom 2011 for those who were hoping that Sony might be revealing a new PlayStation 4 console any time in the near future. According to Sony worldwide studios boss Shuhei Yoshida, the company will "seriously consider" creating a new console only "when the [PlayStation 3] platform becomes something game developers are not able to improve their creations with."

In an interview with Eurogamer, Yoshida asserted that Sony hasn't yet embarked on the great PS4 development adventure, largely because the PlayStation 4 still has plenty of room for developers to grow.

"When you see games coming out on PS3, both the traditional type of games as well as new kind of games using PS Move, there is a lot more we can do from the game development standpoint," he said, before concluding, "So as long as we and our developers can create new experiences that are more exciting to consumers, I see no need to transition into newer generation."

Right now, the upcoming PlayStation Vita is a huge focus for Sony, as is the PlayStation 3, which just received a juicy price-cut.