It was will likely prove to be completely false, some guys heard from some other guys in Taiwan that Sony will start production of the PS4 at the end of 2011, leading to a release of the PS4 in 2012. The logistics of this news don’t really make any sense considering Sony’s apparent time-table regarding the PS3.
Sony’s Taiwanese Component Suppliers Say PS4 destined for 2012
Sony’s Taiwanese Component Suppliers Say PS4 destined for 2012