Pachter: Microsoft is preparing for life after Xbox

[Soundwave]

I think there will be a Playstation 5. But there won't be a Playstation 6. Streaming (ala PSNow) and tablet style devices by then will be able to generate extremely high end graphics and stream them wirelessly to a TV or VR headset, making the need for a giant sized box under your TV moot.

Disc based games are done after this gen too.