There has been alot of Chatter going around about PS4 and X720 being showcased at the coming E3.I predict it won't happen.My reasons,well they are as follows:
1)Number of Games for Current Generation :The Games coming in 2012 and beyond for the current generation consoles is just a big amount are just alot on numbers and they aren't just end of the generation games but big titles.They don't require a new console as games supply isn't drying up.People won't care about next generation as they have alot to play this generation.Here are they:
Multi-Platform Games :
Metal Gear Solid Rising
Mass Effect 3
GTA 5
Max Payne 3
BioShock: Infinite
Dust 514
Borderlands 2
Counter Strike Global Offensive
Tom Clancy's Ghost Recon: Future Soldier
Tom Clancy's Rainbow 6: Patriots
Brothers in Arms: Furious 4
Hitman: Absolution
Far Cry 3
Tekken vs Street Fighter
360 Exclusives :
Halo 4
Kinect Star Wars
Ryse
Alan Wake's American Nightmare
Fable: The Journey
The Witcher 2: Assassins of Kings
PS3 Exclusives :
Final Fantasy XIII Versus
Agent
Starhawk
Sly Cooper: Thieves in Time
The Last Guardian
The Last of Us
Sorcery
Twisted Metal
Dust 514
Other Secret or Rumored Projects Multi-Platform or Exclusives :
Assasins Creed 3
COD yearly release
Battlefield 4
God of War 4
RESIDENT EVIL 6
Bungie Game
Respawn Entertainment Game
Quantum Dream Game
Guerrilla Games Second Studio Game
2)Developers Profits : If Sony or MS announce new consoles then the games already in development in various game studios will take a hit as people's attention will then be towards new console and they will look at current generation as old.Developers need more time to recoup their development
3)Price cuts and current gen sales: for both 360 and PS3 have to happen.Price-cuts drive sales but if people know something better is coming in 2013 then it won't matter much.YES,even the announcement itself does alot to the human mind.360 is long overdue a price-cut and PS3 can't be $249 when new generation is starting.There are alot more sales that can still come out of this generation itself
4)Generation Profit : Both MS and SONY suffered big losses this generation.MS might just have broken even.But even then they both need to recoup their losses as much as they can and try to profit as much as they can.
4)Wii U : If Sony and MS offend Developers in anyways which have been on their side,Nintendo will be ready to capitalize.Developers will actually like it as Wii U's development costs will be the around the same as current generation HD consoles which will help them transfer games to Wii U.
5)PS VITA launch :Sony will launch Vita,PS4 announcement will take the attention off Vita which is needed as they need Vita to be popular in its first year.
6)Economy :The world economy is a complete mess and will get worse this year,It is so bad that even announcement will get affected.nobody will have the time for Big gaming announcements