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In an interview with a French website, a Sony executive suggested that the company is in no hurry to announce the next PlayStation.

When asked about the company's next-gen plans in an interview with Le Point, Sony France's Philippe Cardon commented, "It's true that there are a lot of rumors, but I can't tell you anything. The Wii is under time pressure because it's in decline. As far as we're concerned, we're under a lot less pressure. We were the last to release the PS3, we will probably be the last to announce something."

Nintendo's Wii U is slated to release sometime this year, and it's widely speculated that Micrsoft is going to announce a new version of the Xbox at E3 2012.

Via: Eurogamer