The life of the PSP has been one of contrasts. While it is consistently one of the top-selling systems in Japan, it’s had a hard time catching on in America and Europe. Sony’s early attempt to present UMD as the storage device of the future fizzled and failed pretty quickly, and now the company is left with a disc that will be obsolete the moment they themselves abandon it. Also, until recently, the handheld didn’t have too many good games. Over the past year or so things have started looking up, but after a wave of hits like Crisis Core: Final Fantasy 7 and God of War: Chains of Olympus, the landscape is starting to look a little bleak again.

So gamers can be forgiven if they think that, just maybe, the PSP won’t be around much longer. Those people would be wrong though, as that is simply not the case according to SCEE’s Zeno Colaco. He actually sees a long and prosperous future ahead for the PSP:

"We definitely have the ambition for it to feature very strongly in the future, both on its own and also complimentary to Playstation Network environment and the PS3. But we’ll have to wait a while before we can fully reveal the direction we’re going in. Ten years is certainly the long-term plan though."

So for anyone concerned that they’re PSP may become obsolete in the near future, Sony would like to offer a hearty "don’t worry about it, we’ve got your back."