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PS4, Xbox 720 targeting 2014 release - Sources

MS and Sony holding out despite Wii 2 mumblings

Microsoft and Sony plan to hold off releasing their next consoles until 2014, according to the 'industry sources' of a new report.

Despite strong rumours that Nintendo will reveal its next-gen console at E3 this year for a release in 2012, MS and Sony are said to be 'hoping' they can continue with their plan of giving their current machines long long innings.

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"Both MS and Sony are telegraphing to each other that they're delaying, to milk the current [generation] and fill in previous craters better," one source told Kotaku.

Other sources suggest that while they hear 2014 is the target date for both companies, they may pull plans forward to a 2013 release if they 'feel pushed'. We wonder if Nintendo's new console sweeping in next year would be enough of a push.

But it's early days yet, says another source, who claims MS still doesn't know what components will be in the next Xbox as the firm's board continues to debate over "whether to be profitable on day one", or to launch at a loss and rely on software sales for eventual profits as MS and Sony did with the current gen.

If MS does release a console in 2013, adds the same source, it's more likely to be a Kinect-enabled Xbox 360 rather than a next-gen console.

Meanwhile industry analyst Billy Pidgeon reckons "we'll see a game of chicken between Sony and Microsoft," adding, "Sony definitely isn't launching a successor before 2014 and could stand to benefit by having Microsoft launch first as PS3 builds in to North America and builds a strong position in Europe."

He went on: "Microsoft claims there's a lot more room in Xbox 360 for developers to max out, but here PS3 could have a strong advantage."

Nintendo's Wii 2 has reportedly been named 'Project Cafe' behind-the-scenes, and features a custom IBM PowerPC CPU with three cores, a GPU from the ATI R700 family with a shader unit at version 4.1, and at least 512Mb of RAM.

CVG's sources have told us that the system will come with a controller that houses its own HD touch-screen. We expect an E3 reveal in June.

[ SOURCE: Kotaku ]

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