Engadget:

In a roundtable with reporters at CES, Sony’s Kaz Hirai responded to a question about recent comments attributed to gaming division head Andrew House by stating that “Andy is absolutely right in that we are not making any announcements at E3.”

Sony has long held to a “10 year life cycle” philosophy for its home game consoles, which would push out the end of the PlayStation 3’s life to around 2016 (it was introduced in Japan late in 2006). Typically there’s overlap – the PSOne existed long into the PlayStation 2’s production run, as the PS2 did for the PS3 – so we can expect Sony to make announcements and product introductions long before then. But just not at this year’s E3, which happens in June.