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amp316 said:
Microsoft will put out a console in 2011 to get a jump on the competiton like they always do.

Nintendo will release a console in 2012.

Sony will release a console in 2016 (something about the 10 year plan).

What are handhelds?

Always do?
This gen is the first time they did that as the original Xbox was the 3rd released console last gen.

They have yet to make it a trend.

 

I think all 3 are selling too well and with the HD twins especially still have too much under the bonnet for a new gen to start in the next 2 years.

I think an announcement as to next consoles in 2012 at the earliest.
I don't see them announcing consoles with too big a wait next time as they don't want anyone to get their typical apparently early lead on the market without competition or use specs to confuse the competition again.