well isn't PS2 well into its 8th year of life? Once the stupid thing dies, then Sony should announce the PS4. I don't see the PS2, PS3, and PS4 all being on the market at the same time. That would just be silly (not to mention confusing)
It would make sense that they just reuse a lot of the stuff on the PS3 and just bump up the specs, i.e. faster Cell, bigger HD, Blu Ray, etc. etc. At least that would be a lot cheaper than building from the ground up again. If that were the case, then all the R and D for the PS3 may be worth it, as it is spread throughout 2 generations instead of just one.
I suspect Microsoft to be the first to release a new system. I say that 2008 is its peak year and will decline for the next 2 years. If its lucky, it can push back the Xbox361 to 2011, which will give the Xbox360 6 years of glory.
The PS4 will probably be announced during E3 2010 and will be released in 2012. I have no idea of what Nintendo will try to do.
Nintendo still has a vendetta against Sony and will pull the "Our only competition is Sony" card again (which at the same time is a total Diss of MS) and will come out with the next Wii in 2012. ( I predict the next nintendo system will be called the "Dong" so it can get rid of the phallic double meaning of the word "wii")
















