Could we be looking at a new PlayStation in time for the 2013 holiday season? Will Sony dump the numbering system for its consoles? It sure looks that way.

Sources tell Kotaku that the successor to Sony's PlayStation 3 gaming console is to be named the PlayStation Orbis, and it is going to be released in 2013.

Of course, there is no way of telling if Orbis is going to be the console's official title, or if it is just a working name like the NGP was to the PlayStation Vita. Though not certain, the name Orbis, in our opinion, has a bit of a modern ring to it: Short, sweet, and to the point.

Kotaku has done some digging and found that the word "Orbis" in Latin translates to something along the lines of "circle" or "ring." The interesting part of this story is that when you put the words "Orbis" and "Vita" together, it loosely translates to the phrase "The Circle of Life" in Latin.

Multiple sources are also leading us to believe that once we see the launch of PlayStation Orbis, PlayStation 3 games will be a thing of the past. That's right, the next generation of Sony's console will most likely not support backwards compatibility.

Not only will we see the extinction of PlayStation 3 titles, but sources are indicating that used games will no longer be an option with the next PlayStation, either. This is a trend we've been seeing with the addition of online pass codes shipped in current generation games that only allow the game to be played online by the first buyer. It's also what has been rumored for the next Xbox.

The Orbis will lock each game to a single PSN account. So, in theory, the only way to play a game is to play it on the PSN account it was first played on. Sources are saying that if a game is traded in, its new buyer will be restricted as to what they can do with the game. There are some indications that the game will simply be a trial or demo, without the original PSN account. This will surely put a damper on the sales of used games.

Specs also came along with the leak, and they fall in line with what we've been hearing from past rumors: An AMD x64 CPU and an AMD Southern Islands GPU.

The GPU of the console may be able to output native games in 4096×2160 resolution, which is of course overkill for the standards of today, for now.

The Orbis will supposedly launch in time for the 2013 holiday season. Sources tell Kotaku that Sony has been providing developers kits for the new console since early this year.

What do you think? Is there any truth to these rumors, and what do you think about Sony's measures to prevent the resale of their games? Share your thoughts!

[via Kotaku]