Move Over PS3: Here Comes the PlayStation 4

Due to the recent management change at Sony, there has been a few rumours flying around saying that a PS4 will never hit the streets. Sony was quick to dispel this with a statement today. 

From the article:

While that's mildly amusing, Holman also discussed some of the updates to the
PS3 in the next few years, including additional media center capabilities that
should help the PS3 compete with Microsoft's Xbox 360.

Speaking of Sony products, the company is saying that electronics sales so
far this holiday season are "better than expected," reports Reuters.