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I think Microsoft is coming earlier this time around for 9th gen. Games are starting to look more and more realistic by the year even on current console hardware, and they said they want to improve on performance for the next console. I'm guessing they know the jump in graphics from the One X to the Nextbox won't be big (9th gen is when 4K will become the standard, and the One X already does 4k perfectly fine), but it will still be better, just they want to outperform Sony in terms of FPS on the games.

It should come out 2020, even with the One X being out in 2017. It will just perform really well in 4K, and who knows, maybe a handheld capable of Play Anywhere and outputting the same performance as the XBS?!?. With a 7 year gap surely mobile technology should be able to outperform the old console hardware by then shouldn't it?.

And 2020 would be a great year for console launch since Forza Horizon 5 would be a great console seller for the first year.

With Sony's current hardware sales I don't think there would be any rush to get new hardware out, because quite evidently it is software that sells hardware, and as long as they are pushing out software that appeals to consumers, than the PS4 can last a long lifespan. Just the Nextbox would have a 1 year start on best 3rd party platform if it came out a year earlier.

I feel like Nintendo is going to get left in the dirt by the casual market sometime soon, They want the Switch to last long, but it still outputs 7th gen graphics and their two main competitors are 2 years away from dropping new hardware that will be capable of native 4k. All they will have left is their dedicated fans who simply aren't a big enough market for sustainability. They need a Switch pro to come out around that time capable of 8th gen graphics (1440P or something that is cheap around that time).