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Qwark said:

They will also commit commercial suicide. Generations end because sales start to slow down significantly. Not because the tech has moved on. A console selling 17 million units a year isn't ready for a succesor not even close. When the PS4 starts selling below the 12 million mark, that will be the time Sony announces the PS5.

None of these reasonable arguments will make people stop thinking that we will get a new PS and new XB in 2018. Anyway, time will tell.