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Just wanted to add something: If you go look at Xbox 360`s performance before Wii and PS3`s launch, during launch and after, you`ll see that despite the Wii hype and PS3 hype, it didn`t stop Xbox 360 from selling, nor did it stop Gears of War from selling very well and for new XB360 games to perform well.

Just because the PS4 and XB1 are bound to do well at launch, doesn`t mean the market isn`t big enough for other things to sell; And not all PS3 and XB360 owners want a PS4 or XB1 right now.