Many people were counting on Sony to unveil a PSP 2 during E3 2010 and it was missed. Oh for sure that the firm must cogitate but that should not be done immediately since John Koller of Sony Computer Entertainment America has raised the life cycle of the PSP in a Video interview given to Joystiq :
"There are quite a life cycle of 10 years for the PSP, and probably more. We talked about it like 'we will be in the business of the PSP as long as we are in the PlayStation business, because we believe absolutely in the notebook market. (...) I think this is an opportunity for the long term and we will stay there. Now in terms of where we are in the current life cycle, I think we do try and be at our own pace. We've just announced that we reached 60 million units worldwide, which is a very good figure for the PSP, we have the support of many good developments. We always say that a platform will turn off the tap when the developments off. We have 70 games to reach this year we have 70-80 who arrive next year, it's a platform very healthy. "
The PSP is first released December 12, 2004 in Japan, which should give us a little leeway to save. And for every tear with Nintendo's Nintendo 3DS by the way ...