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What I expect to happen next gen based on rumours, leaks and currently known facts:


WiiU - 4850/4870 performance GPU.
PS4 - 7850 performance GPU.
720 - A GPU between 7850 and 7770, power-wise.

Nintendo will win the generation in sales. They are launching first , at a good price and have a well featured console. Plus, they are set to dominate Japan in both the console and handheld space.

As for PS4 and 720, too early to guess which will take second place.