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The PlayStation 4 is nearing the end of its life cycle, according to Sony Interactive Entertainment CEO John Kodera. Speaking at the company's latest investor meeting, Kodera's statement comes as no real surprise. After all, the PS4 will turn five years old this November.

The question, then, is how long will this "final phase" actually last? Earlier in the year, inside sources claimed that the PS4's successor is probably a while off yet, so we could see this generation stretching on for at least another year or two.

Still, Kodera's acknowledgement potentially hints at Sony's current situation behind closed doors. We've no doubt that the firm will already have plans in place for its next console -- it's just a case of wheeling it out at the right time.

It's also worth mentioning that Kodera expects a sales dip as the PS4 enters its twilight years -- a common trend when it comes to hardware. However, services such as PlayStation Plus should dampen the impact of any loss in profit, Kodera says.

How much longer do you think the PS4 will last? Are you excited for next-gen, or are you happy to wait? Feed us your thoughts in the comments section below.

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