Taken from kotaku.com:
Last week, trade site MCV reported that the PlayStation 4 would make an appearance at this year's E3 in Los Angeles. Sony begs to differ.
Both Sony Computer Entertainment and Sony Corp. have come out in denial of the report, with SCE's Andrew House telling CVG "I don't think we're contemplating talking about anything to do with future console iterations at this point."
Sony's Kaz Hirai, meanwhile, said the same thing. "Andy (House) is absolutely right in that we are not making any announcements at E3. I've always said a 10-year life cycle for PS3, and there is no reason to go away from that."
Nintendo's Wii U will obviously be at the June expo, and it's becoming increasingly expected that Microsoft's follow-up to the Xbox 360 will be first revealed there as well. A PS4 presence would have made it one hell of a show, but, well, bummer.
I for one am very happy about this. I think the idea of a 10 year cycle is a brilliant one and having a new console "war" as it were in the next year or so would just be way to soon. With the Wii U being released this year and the next XboX rumored to be revealed at E3, its a very exciting year for gaming as it is. Plus I am sure Sony would want to put all their effort and drive into the PS Vita release rather than a new console.
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