Sony president, Kaz Hirai, seems to be content on repeating the company’s PlayStation 3 launch mistake by holding off PlayStation 4 (Orbis) release until Microsoft has launched its Xbox 360 predecessor (Durango).
"Why go first, when your competitors can look at your specifications and come up with something better?" he explained to British magazine, The Times.
With both Orbis and Durango specs nearly finalized, most enthusiasts expected official announcements to be made during this year’s E3 expo in June. This looks less likely now.
This quest for processing power superiority has lead Sony to release PlayStation 3 a full year after Xbox 360. When Sony’s consoles finally made it to the market in 2006, its main competitor had already enjoyed a market lead of 10 million units sold. Even worse, Nintendo Wii was released around the same time PlayStation 3 was launched but it still managed to overshadow both consoles before the end of 2007, effectively proving that raw processing power is not the decisive factor in this market.