According to the ongoing rumors MCV claims that Sony might release PSP 2 at the E3 games show in the coming month.

These rumors are circulating on the facts that illustrate that PSP was a suffering setbacks and PSPgo added salt to the wounds.

The failure in the marketing expenditure needs to be recovered and for the same reason, Sony is left with only one conclusion to draw from this upsurge in marketing money.

Further reports hint on the facts that PSP 2 might make its way later this year and supposedly E3 is the place where the declaration would happen, states MCV.

Considering other reports it appears that Sony's new launch will be direct answer to Nintendo 3DS, which also is set to be revealed at E3. 3DS platform allows gamers to play 3D games without any specs.