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ssj12 said:

actually you missed some backstory it seems to the everyone has a 10 year plan statement.

Sony announced the 10 year plan a few years back as we all know but Nintendo and Microsoft wasnt talking about how long they were going to have their consoles on the market. For all we know before Sony announced their 10 year plan we could have had a Wii HD and Xbox 720 in 5 or 6 years.

After some presstime on Sony's plan Nintendo announced that they agree with Sony's plan because it would be cheaper to stick with a console for a longer period of time and also be able to see how things evolve and when it comes time to release a new console they would be able to have affordable but great graphics with some innovative gameplay out of the R&D department like what they believe is Sony's plan out of all this.

Microsoft's jump onto this plan came a while later when people started to wonder how long the 360 was going to last since the PS3's graphics were catching up rather quickly to the 360's. After a while Microsoft decided to release a statement discussing how they will keep their console on the market for a while. Never stated how long, just a while. That recently MS started talking how they will keep the console on the market longer than the PS3, which isnt likely, but it means that we wont be seeing a NextBox until the 360 doesnt earn enough profit to speak about.

 

Now you should understand the backstory.

Hold on, can you elaborate on this? I'm not completely sure, but the way you worded it, it almost seems like Sony's plan "caught on" with Nintendo and Microsoft, and they adopted it since they thought it was such a great idea. Surely that isn't what you meant, right...?

By the way, recall what Iwata said when asked about the 10-year plan:

Deciding upon a certain time period that someone can sell is becoming a nonsense. After all, the primary concern for me is not to let consumers purchase hardware but to enjoy software.

Having said that, however hard our software developers try create new unprecedented titles with great ideas eventually there'll be a day when developers say they have no more means with the hardware, that's exactly the time we need to introduce people to new hardware.

Man, I just browsed some articles and looked at comments regarding this 10-year plan - I'm shocked. The number of people that buy into it is astounding.