trent44 on 20 June 2011
I think Both MS and Sony are holding out until even higher end components/newer technologies are cheap enough (and milk profits for as long as they can).
If they are going to make a console different enough to make people want to upgrade, they are going to have to wait so they can afford to price it under $400, because they won't take a huge loss lead like last time.
I could see both MS and Sony waiting till about 2015 to launch a new console. By then, the PS3 and 360 will both probably be around $149 and continue to sell after the new console launches at around $399.
