Due to the recent corporate shuffling over at Sony, a lot of crazy predictions have started to bombard the Internet. Not the least of which was an analyst prediction that hinted at the possibility of Sony bowing out of the hardware game.

But according to Paul Holman, Vice President of Technology for Sony Computer Entertainment Europe, there certainly will be a PS4, but not at least until 2010.

"To say that there will be no PS4 because of a management change is a bit far fetched," he said.

In a recent interview with SmartHouse in Sydney, Holman stated that Sony game developers are coming to the realization that the PS3's Cell processor has "a heap more processing headroom than they initially anticipated and that this was resulting in the development of new gaming capabilities."

Holman further confirmed that there will be a new firmware update when the PAL PS3 launches in March in Europe and Australia, and there should also be "at least 20" titles available for the launch. Supposedly, the update will take advantage of the console's processing power for some new features, and Holman admitted the machine is likely to lean further towards a "multimedia" platform rather than a strict games console. This stays in line with everything Sony has said to this point.

He also said the PS3 would ship with a keyboard and mouse in the future to allow for easier access to the Internet. He didn't give any specifics as to when, or if the new inclusions will raise the price of the system, but after dealing with the online interface with the Sixaxis...we must say we support the idea.

Obviously, it's going to take developers quite a while to tap into the full power of that Cell processor, not to mention the greater capacity of the Blu-Ray format. This means the technical advantage the PS3 has over the competition might not become apparent immediately. We've seen as much with the launch titles, and it's also something we mentioned in our PS3 Report Card.

So at least for now, this should quell the rumors about Sony's game department falling apart because of a few management moves.

Via [PS3 Extreme]

i hope not cuz 360 owns ps3

Sony is the best and will always be the best in the gaming industry. i still need to get a PS3, before i can get hopes up for PS4.

yeh we need to settle abit with the Ps3 b4 the next next gen consoles come out

cmon sony, planning for the ps4 already? is the ps3 really that bad?

I still have to get my hands on a PS3. PS4 would be cool. Why doesn't sony relax for now.

Sony should quit focusing too much on developing the system. Pay more attention to the controllers and make the game more enjoyable and feel realistic. Look at Wii... though their graphic isn't all that great but they're smart of coming up with the cool controllers. people are having so much fun with it that they end up with a black eye and bleedy nose. If i was sony i would develop eyewear that when the players look through the pair of glasses makes them feel like they're actually there while playing the game and also some glove controllers. technology is very advanced right now. i'm sure it can happen with several years. Focus Sony Focus!!

i need a ps4 now

sony is crap, ps3 is just release and they are telling people ps4 will be out in 2010. so they are telling this ps3 only last 3 years, they are out to milk our hard earn money.

dam,i know sony are money grabbers,they are ok tho,microsoft is the ones i dont like

money grabbers ?

they lose money for every ps3 they sell, only gaining money through the games etc

Yeah, Sony is the best, Microsoft sux..

Ps4 is a lot later. That Sony employee (whoever he may be, CEO or a spokesperson) doesn't know what he's talking about.

Take it from me, you won't hear from the Ps4 at least until 2011 end.