For those of you out there who are wondering when the Playstation 4 will be released, SCEA CEO Jack Tretton has a few words for you…

“A question I often get is when we are going to see PS4. When somebody can craft the technology that exceeds what we’re able to do on the PS3, but we are still just starting to harness it.”

Tretton also talked about how the traditional five-year lifespan of consoles is a thing of the past…

“In the old days it was ‘this thing is dead as a door nail in five years’, Tretton told Fast Company. Year one is very important, year three you’re already starting to get to the other side of the hill and then there’s a slippery slope. We’ve just passed the third year of the PS3 and we’re just hitting our stride. And I don’t think anyone is saying ‘this is a five-year cycle, what’s new on the horizon?’. I can’t even imagine what can be done technically beyond the PS3 in the near future.”

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