Sony VP: we will announce new PSP product when timing is right

We’re still not totally sure if there’s going to be a PlayStation Phone, but there’s plenty of info out there that points in the direction of something PSP-related coming from Sony in the near future. When asked about the possibility of a phone by investors, a Sony VP awkwardly offered this response: “As for the new PSP product, as mentioned, I know that you are not asking me to tell you when we will be coming out with a new product, but there is a gaming market based on [the] cellphones. It’s not that we are not looking into those markets as well. We will look into those markets in trying to develop strategy for the future.”

We’re not sure what to take away from that. If the new product is not a phone, then why mention the gaming market on phone at all? PSP fans at least have the knowledge that there is something new coming, even if it is not the rumored PlayStation Phone. Says the VP, “When the timing is right we can probably announce [to] you about the new product that we have.”

Based on Sony’s leak history, we’ll probably have it all figured out before then.