This generation’s console cycle is already longer than usual. However even though we are getting a successor to the PSP, it looks like we are going to have to wait for the PS4. Sony has stated that a PS4 isn’t in the works for launch “anytime soon.” They remain confident in the ten year life-cycle. Apparently very confident.
One analyst says that this could leave the door open for others to enter the console market. Maybe even Apple. Apple TV for instance could use an SDK and App Store to deliver games to television sets. The next generation Apple TV might just have the same hardware and software improvements that accompanied the iPad 2. That could be very interesting.