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PLAYSTATION 3 (PS3)
at 3:58PM PST on January 14, 2009.
I would be very, very surprised if Sony throw in the towel (didn't release PS4) just because of 1 bad generation (PS3). I believe that PS4 will still be made, but the philosophy of it will be quite different than PS3. At least that is what I predicted Howard Stringer will do in the future.
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