Sony UK Exec Says No to Smaller, Lighter PSP

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Earlier this month, Sony UK boss Ray Maguire said that the current PlayStation Portable is just the “first iteration†of the handheld, and that an improved version will eventually follow. Two weeks after his initial comments, in an interview with GamesIndustry.biz, Maguire is taking it all back: “As we sit here today, there is no next iteration of the PSP. If you're referring to what was reported some weeks ago, I was referring to the fact that that's what we do as a company. We R&D everything.†Maguire speaks on the constant comparisons between PSP and DS Lite, saying, “They are two different devices for two different markets. It's comparing apples and oranges again, but because they are both portable it's probably a natural thing to do. The marketplace that we need to get into is the PS3 connectivity market. We've been putting quite a lot of energy behind PS3, now we'll be able to split some of those resources and go back to the PSP to make sure we've got some compelling games coming.â€

News source: DailyTech
 
Sounds like damage control. You tell people that you are officially redesigning the console/handheld a long time beforehand and people stop buying the stock that is present and available and they sit tight and wait for the next iteration. Which is why companies always deny a new model is around the corner (MS wth Elite and Ninty with DS lite).

The idiot opened his mouth and got in to trouble with his corporate overlords. This retraction more than what he said earlier confirms that a new PSP is around the corner.
 
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