New reports hint that next generation devices are coming soon

Jan 9, 2012 20:41 GMT  ·  By

Another day, another batch of rumors about the next generation of consoles. This time new reports say that both the PlayStation 4 and the Xbox 720 will be presented, or at least hinted at, during E3 2012, with a possible market release towards the end of the year.

While both Sony and Microsoft are adamant that their PlayStation 3 and Xbox 360, respectively, still have a long life ahead of them, many sources and rumors have appeared in the past few months, saying that their replacements are extremely close.

Now, according to MCV, both the PlayStation 4 and a new Xbox will be showcased at E3 2012, as Sony and Microsoft want to steal the spotlight from Nintendo, which is going to present the final Wii U version at the convention.

Industry Gamers also presents a new report, coming from one of its inside sources, saying that the next generation consoles might be released on the market as early as the end of 2012.

These speculations are based on projections made by hardware manufacturers like Nvidia or AMD, which will both provide components for the next wave of consoles, and are expecting some major changes in revenue at the end of 2012.

"The 'trick' to these rumors is not the console manufacturers themselves, but rather the chip makers. All indications from them are that things change significantly (ie next generation) come November of this year. As such, it has been my presumption since the middle of this past year that we would see new boxes in the market for Christmas of 2012," the source commented.

Bear in mind, however, that neither Sony nor Microsoft even want to admit that they’re working on new devices.

As such, until E3 2012 opens its doors in June, Nintendo is the only company that’s expected to present new hardware, in the form of the Wii U.