Why this gen will last 7+ years

[mitsuhide]

Nintendo will ride this train for aslong as possible until either the developers get bored of the hardware or it stops selling or one of the Two of the Big Three launches early.

Sony will not release the PS4 until atleast 6 or 7 years after the PS3 launched unless they are forced to again by another company, they will however keep the PS3 on the market after they release the PS4 to keep profit rolling in like they did with the PS1 PS2 transition and how they are now with the PS2 PS3 transition.

Microsoft will either release when Nintendo or Sony plan on releasing, due to the mess of RRoD on the X360 which to be fair they recovered from rather well but it was $1billion they could have spent else where. The X720 (as it has been dubbed) might never exist as even though MS is making a profit now they still have roughly $5billion of debt from Xbox one and X360 R&D and Xbox Live servers which now pay for themselves.

Next-Gen computer entertainment systems released December 2012 - November 2014, I know that is a big time frame but with 3 different companies all operating in very different ways you can never be sure about things concerning all 3.

If Microsoft leave the console industry who will take up the torch to the 3rd Membership of the Big Three?
Sega doesn't have the funds at the moment.

EA does have the funds but it would void all their deals with FIFA, NASCAR, Madden etc (they have to be released on all systems otherwise they lose the dealeership)

Apple is another likely contester as they seem to be diving into every other market now.

Or it could stay Nintendo and Sony and be the Big Two which doesn't have the same ring to it... and would probably be quite a civilized generation with Nintendo appealing to the casual gaming market and Sony appealing to the "hardcore" gaming market, it would probably end in a nice 50-50 split with both earning good profits and with atleast 100million consoles sold each.