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GribbleGrunger said:
I think you'll find it's Sony who are re-inventing the console cycle and MS who are having to do the same at a later date.

Kind of this.

But MS did speak on it publicly before the PS4k Rumours started...

I hope for Microsoft sake that this is them getting rid of the console cycle and this is more or less their "next gen" system which will slowly start to get its on exclusives and be forward compatible with whatever they release in the 2020s. 

For sony at least it definitely appears from the rumours like Neo is just a mid-gen upgraded SKU ala N3DS. Nothing intending to replace thePS4.