No PS4 reveal until it can demonstrate ‘a significant leap,’ says Sony

Andrew House, group chief executive of Sony Computer Entertainment Inc. (SCEI), has said the firm has no intention of lifting the wraps off its new home console until it can demonstrate a major leap in technology.

Quizzed by the chaps at MCV as to why Sony neglected to show off PlayStation 4 at E3 earlier this month, House made it clear the time isn’t right to talk about new hardware.

“The right time to talk about new advances in hardware is when you can demonstrate a significant leap on the current experience, and something that is going to be attractive," he said.

“Beyond that we have nothing to say at this point.”

PS4, which is believed to go by the codename Orbis, has been heavily speculated to appear at E3 2013, alongside Microsoft’s new Xbox platform. Prior to this, it was tipped to be revealed at this year’s event.

However, industry analysts believe that the horsepower afforded by next-generation hardware won’t offer the same eyeball-popping leap in visuals that the likes of PS3 offered over its predecessor.

Nintendo big cheese Satoru Iwata even pondered whether or not gamers would be able to discern the difference between current-gen games and those on new consoles.

Stay tuned to for more details.