New Playstation Coming

Sony said it expects to show off its latest PlayStation at the E3 trade show next May, increasing pressure on Microsoft to take the wraps off its Xbox successor at that time.
Sony(SNE).s game-business head said the company plans to unveil a playable version of the new console at next year’s E3, the annual video-game trade show scheduled to take place from May 18 to 20 in Los Angeles.
E3 could be the stage for a showdown of new home consoles from the industry’s main hardware makers, including Nintendo, which has pledged to take the wraps off its new game machine, codenamed Revolution, at that time.
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