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toastyboys sig:

"The nextbox will release november 2011 and PS4/Wii HD will release November 2012...mark my words Vgchartz..."

I for one want to make you eat your words and say that your prediction will not come true. Anyway why November launch? There 12 months in the year. "2012 or 2013 for the launch of all three new console systems in the same year".

You want salt with that crow?

It is all rumour/speculation at the moment and we have heard a lot of that over the years. We will all be waiting for Microsoft, Sony and Nintendo to announce the existence of a new console system at an upcoming E3 show. I believe E3 2011 will be the earliest time a new system is announced. E3 is the biggest game show of the year and gets the most media exposure.

It would not surprise me if this generation goes longer than previous generations, before new systems are launched. The current systems are selling well and all have plenty of life left in them. PS3 and 360 need to make more profits to recoup the losses incurred this generation. A new system costs a lot of money to plan, develop, test, mass produce and market to the world.