Xbox 720 & PS4 codenames revealed, Microsoft’s ‘Oban’ chip still delayed – rumour

[forevercloud3000]

Orbis and Nextbox really shouldn't release until 2014, at earliest late 2013. All areas of the gaming industry suffered when transitioning into this generation. Many of them still have not fully come to grips with how to effectively make games for this generation, how are they going to be prepared for next? Especially Sony and MS, they need to squeeze the most money they can out of the current consoles. The rumors of iminant sequels is what is stagnating sales (same thing happened to Wii). The second the 8th Gen entries are announced the sales of the current will surely plummet more. Once they are released they can kiss the sales to those consoles good bye. These are not like the PS2 era, PS2's strong selling power after PS3/360's release was a sign that most consumers were not ready for next gen, especially the pricing. 5 year life span always seemed really short to me, especially with the amount of games these consoles can have. With the recession still going on this is only made more evident.