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For those saying this isn't true and pointing to the great Xbox 360 sales this year, don't you think its smart to launch a new console while your old one is still popular? It would be pretty stupid to wait until your current console becomes irrelevant before launching a new one. Just look at whats happening to Nintendo. Wii sales are bad and the Wii U won't launch until holiday 2012. Ouch. I can definitely see a new Xbox in 2012. A new Playstation? Sure if you count the Vita. Microsofts advantage here is that unlike Nintendo and Sony, they only have 1 platform to worry about. Nintendo has 4(DS, 3DS, Wii and Wii U). Sony has (PS3, PS2, PSP and Vita). Microsoft has (Xbox 360).