The PlayStation Phone still doesn't officially exist but YouTube videos have appeared showing the device playing PlayStation 1 games. The video shows a phone similar in appearance to the PlayStation Go playing Rage Racer and Resident Evil 2 or as its known in Japan, Biohazard 2.
The rumored phone is called the Xperia Play. The phone shows a title menu that reads ROM Buddy, most likely an emulator the games are running off of. Sony president Kaz Hirai made no mention of the PlayStation Phone during the company's CES keynote last week, even though media leaks continue to trickle out and seemingly confirm the device's existence.