Sony PlayStation 4 in the pipeline as Sony stops production of PlayStation 2 in Japan

Sony announced that it has stopped producing its PlayStation 2 consoles in Japan, fueling online rumors a PlayStation 4 is in the pipeline. Sony PlayStation 2 (PS2) was launched in 2000 with a Biu-ray player and has sold more than 150 million units worldwide; making it the bestselling console of all time .Sony did not say what its plans were for production in other parts of the world.

The announcement sent gamers posting messages online; with some surprised the PS2 was still being made. The news has sparked rumors that embattled Sony, which has been hit by falling sales owing to the popularity of games on smartphones, is planning a PlayStation 4, more than six years since launching the PS3.

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