The big question is when can we expect Playstation NEXT (PS4)? Usual console life cycles have always come at the five and six year mark. We already know this generation will be different. With increased hardware costs, game development time and a stubborn economy this current generation will be sticking around longer.
Microsoft and Sony’s pipedream is 2014. With Sony executives pointing out on numerous occasions that developers have only used half on PS3’s total power, three more years could work. Xbox 360 on the other hand would definitely have a hard time keeping up for another three years and will probably looking at a 2013 launch. There are rumors that Microsoft could be rushing work on their next gen Xbox for a late 2012 or early 2013 release to keep neck and neck with Nintendo. Realistically though, a fall 2013 release for the next Xbox and Playstation is most likely. Although at last year's Game Developer's Conference in Germany, the CEO of Crytek announced that his company's development of their next-generation graphics engine, the CryEngine3, will release in 2012, around the same time as the PlayStation NEXT. Anyone in the game industry knows how wish full thinking and reality continue to be bitter enemies.
If Sony as a company continues to struggle along with its third place PS3, they might have to cut their losses and start fresh and hopefully learn from their mistakes. Both the PlayStation 1 and PlayStation 2, which dominated their generations, came to market at the same time or earlier than their competition. The PlayStation 1 was launched just after the Sega Saturn, and well before the Nintendo 64, while the PlayStation 2 was released before both the Xbox and Nintendo Gamecube. This generation, they gave up a year head start to Microsoft and struggled through an abysmal launch and have never gain back much ground.
At E3 this year, gamers hoped to be surprised by a Playstation NEXT announcement but were disappointed when SCEE boss Andrew House released a statement in an interview with Eurogamer saying, "From a Sony perspective, we're very comfortable with PS3 and the way that market's developing," Although in other interviews, Sony has gone on record stating that “development work is already underway.”
Activision has stated that they still have no information or dev kits on any new consoles. With development times for next gen games running 2-3 years on average, a 2013 launch will probably be the earliest we see Playstation NEXT.
Stay tuned for any new Playstation NEXT info.