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PlayStation 4 could be unveiled in May

PlayStation 4 Announcement

A Sony (SNE) executive may have revealed the company’s upcoming plan to announce its highly anticipated PlayStation 4 console. Hiroshi Sakamoto, deputy senior general manager of Home Entertainment at Sony, said in an interview with Chilean news website Emol that the company could announce its next-generation gaming console in May. It had previously been speculated that both Sony and Microsoft (MSFT) would unveil their latest consoles at the Electronic Entertainment Expo in June. An earlier announcement would allow the PlayStation 4 to receive more press, however, rather than competing with the Xbox 720. Sakamoto said that an “announcement may be in [E3] or even earlier in May,” adding “in that time we expect to deliver great news, but we must wait until May at least.“