Hiroshi Sakamoto, a Sony executive from another division, said in an interview with a Chilean news site that a reveal announcement for the next PlayStation console, codenamed PlayStation Orbis, could take place at E3 or even earlier, in May.
Talking to El Mercurio On Line, Sakamoto had this to say when questioned about seeing a new console from Sony soon, "It's still a big secret, but our Sony PlayStation friends are getting ready. I only can say that we're focused on the games related E3 event, booked for June. The announcement can take place there or even before, in May."
Courtesy of Computer and Videogames, it's unclear on the reliability of the news due to the two language barriers involved as well as the executive being from a different department. That said, the news does align with rumours and analyst predictions for the release of the next console from Sony.