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VGKing said:
HappySqurriel said:
For those who don't seem to understand why Sony would be under pressure ...

Investors and third party publishers are (probably) not confident that the PS3 will continue selling well after the next generation of hardware is released; and third party publishers also (probably) want Sony to release a new system that is (roughly) in line with the Wii U and "XBox 720" to ensure that they can release their games across all platforms, and don't believe that Sony would be successful releasing a system two years into a new generation.


You think Microsoft is releasing Xbox 720 any time soon?

They have even less pressure than Sony to announce new hardware.

I expect PS4 and Xbox 720 to be at most, 1 year apart.

Do I think Microsoft is releasing the XBox 720 soon? Yes ...

While I think that they may choose to announce it at an event other than E3, Microsoft will be releasing their next system in 2013. At this point in time I wouldn't bet on any particular rumour being true, but the massive spike in the number of rumours about Microsoft's next system that are coming from better sources makes me more and more confident that an announcement is coming relatively soon.