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HappySqurriel said:
Realistically, being that Epic would (probably) be one of the first 3 outside companies to get any information about an unreleased system and they would (probably) port a new engine to any system that can handle it, the Wii U, PS4 and "XBox 720" probably all run the Unreal Engine 4; and, while the Wii U probably still has many NDAs that prevent discussion about specifics, I'm certain he is just implying that Sony and Microsoft's next systems run the Unreal 4 engine.

This for sure. He definitely means the X720.