Top 5 Reasons Next Gen Gaming is Taking So Long
Now that Nintendo has jumped the gun and announced their next generation game console called the Wii U, there is a ton of speculation as to when Sony and Microsoft will follow with their next gen systems. In past console generations, the average time of a console cycle was about 4-5 years. This does not mean that in 4-5 years a system would stop being manufactured and disappear. Rather this means that there was typically a gap of 4-5 years between new consoles from the same company even if they would sell concurrently for some time (i.e PS1 -> PS2, SNES -> N64). This fall, the Xbox 360 and PS3 will be 6 and 5 years old respectively which is well past that established life cycle. Yet, both the PS3 and Xbox360 are still enjoying healthy worldwide sales, have plenty of games coming in the next 12-18 months, and still have not reached the magical price point of $199 (max price for all Skus) which is traditionally when most systems see their large...