PlayStation 4 / PS4 Game Development Already Under Way. Rumored for 2012 to 2014 Release

PlayStation 3 has been in the market for quite some time now, and it packs lots of power for both gaming and entertainment purposes. Released back in November 2006, it has since then been one of the most praised consoles in gaming history. There are now talks going on in the wild about Sony already working on the next-gen PlayStation 4 (or PS4). Release date is expected to be somewhere between late 2012 to 2014, and that the development of next-gen games for this console has already begun.

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