Crytek CEO and President Cevat Yerli has estimated that successors to Sony’s PlayStation 3 and Microsoft’s Xbox 360 will arrive on the market between 2011 – 2012.
Speaking during a keynote session at the GC Developer Conference in Leipzig, Germany this week, Yerli commented, "The PlayStation 4 and Xbox '720' will arrive in 2011 or 2012, we think," he stated.
"But this is just our estimate - we don't know, and even if Microsoft and Sony told us, I couldn't say because it would be under NDA.
"But we think in three to four years' time, although there are good reasons why it should be 2010 already...but we'll see."
Regardless as to when the next generation of consoles will arrive, Sony has reiterated on several occasions that it is committed to supporting the PS3 for a life cycle of roughly ten years.