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Rumor Has It: Signs point to PlayStation 4 at E3

Sony's vice president of home entertainment hints that an announcement about the next-generation console will be made at or before E3 in June.

Now Playing: Watch this: Signs point to PlayStation 4 at E3
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We're back from CES, and getting right back into the swing of the rumor mill.

This week, rumors of a 4.8-inch iPhone "Math" (say, what?) have been swirling, but we're blaming it on a bad translation. Also, Microsoft might be desperate to save the PC, YouTube might be eyeing music video site Vevo, and Sony's vice president of home entertainment hints at something that really made Karyne's day. We bet you can guess what it is (hint: read the headline of this post).

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