Sony: Console Gaming "Not Going Away Any Time Soon"

You'd think, with all this doom and gloom about consoles, that Sony would just roll over and give it up already. Come on, PlayStation company. The writing is on the wall! So many mobile company employees have declared it so! But Sony CEO Kaz Hirai, naturally, sees things differently.

"Based on the consumer feedback that we've been receiving, there is certainly a very large segment of the video game market that wants to play immersive games on a dedicated device, as opposed to playing casual games on smartphones," Hirai told The Verge.

"Between that and home-based consoles as well, they're not going to go away any time soon." He added that the PS3 will be supported until 2016 - but did not comment on whether we'll see anything about a PlayStation 4 this year.

With Valve leading the charge to transform gaming PCs into home consoles, it's evident that the console market isn't going to disappear - even if Sony and Microsoft decide to throw in the towel.