Although the PlayStation 3 is starting to get up there in years, Sony seems to be sticking to their "it'll last for 10 years" stance when asked about their next system. UPDATE: see our story - PS4 launching Holidays 2013 full details.

Eurogamer found out as much first-hand in an interview with Sony VP Shuhei Yoshida. According to Yoshida, Sony is only going to introduce new hardware when developers reach the limit of what they can do with the PS3. Off-hand, we can attest at GamePro that most video game developers consider the PlayStation 3 a hassle to program with because of the system's difficult-to-use hardware.

From the interview:

"Looking at the platform cycle, when the platform becomes something game developers are not able to improve their creations with, that's the time we have to really seriously consider shifting to the next generation," Yoshida said.

Game publishers, generally, agree that the introduction of the next generation is not needed. In January THQ core games boss Danny Bilson told Eurogamer the introduction of new hardware now "would be horrible".

A number of developers, however, have told Eurogamer they are reaching the limit of what the current generation can do in terms of technical performance, and would love the opportunity to work with more RAM.

"As far as we are concerned, we have no desire now to do that [release a new home console]," Yoshida said.

"So as long as we and our developers can create new experiences that are more exciting to consumers, I see no need to transition into newer generation."

But are current generation PS3 games hitting a brick wall? Looking at titles like Uncharted 3, Batman: Arkham City, and Battlefield 3, it seems like developers keep finding ways to wring a little more power out of current consoles. 'Guess we'll have to wait and see.

[Source: Eurogamer]