Originally Posted by marty370
Ceasing production of PS2 could mean, Sony's making room for Next gen production, or ramping up production of PSVita to save costs. PSVita price was rumoured to be round the corner.
Precisely. There's a new console from Sony coming out soon. When PS3 was about to come out, the original PlayStation production stopped. Now, when the PS4 is about to come out, the console 2 generations before has had it's production stopped.