
While Sony already admitted to be thinking about the PlayStation 4 and Nintendo are no doubt developing a Wii 2… In an interview with the head of Microsoft’s Interactive Entertainment Business division, Peter Moore, EGM magazine asked him when their next video game console would come out, and also asked if they’d drop support for the Xbox 360 like they did with the original Xbox. He said that they were going to support it “as long as it sold.” Possibly because they saw the Xbox sell well into 2007 despite not producing the console after October 2005.

The gaming industry as a whole continues to see substantial growth, boasting estimated total sales to increase by as much as 10% annually through at least 2015. By then it would be well over a 100 billion dollar industry, but don’t be surprised if consoles as we know them today have faded out of the spotlight. Nintendo’s Wii U is expected to launch late 2012 and the speculation mill is turning surrounding the next gen XBox and Playstation. While technological advances have led to exciting new capabilities in console design and performance, they also make it increasingly difficult to market a system as a “unique” product. This and other factors will only increase the console’s obsolescence in the coming years.
Maybe, maybe not.
Cloud gaming is still in it's infancy, so that might render current hardware obsolete once broadband infrastructures worldwide catch up.
Who could have predicted modern day smartphones 10 years ago, back when phones barely had polyphonic ringtones? It will be nearly a decade away. So making predictions in technology that far down the line is kinda pointless.
um no they will just incorporated with other medias, like what they are doing now. Its like saying the ipod is dead because its on the iphone.

From the PlanetXbox360.com feature report:
"It has been an exciting couple of days for Xbox fan-boys and an exhausting last couple of days for video game journalists. An abundance of rumors have hit the web regarding the Next-Box, Xbox 720, Xbox: The Third, etc. We’ve decided to compile all of the noteworthy rumors into one nice package, as well as provide commentary on what these rumors could mean for the next generation of gaming, if they prove to be true."
Hmmm. If Sony goes all out again next gen it seems there will be a vast power difference among each console. The Wii U, the Nextbox, and the PS IV (Sony might change the name since 4 is unlucky in Japan).
Wii U a slight upgrade to this gen.
Nextbox a step up from this gen.
PS ? a leap up from this gen.
It seems affordability is the keyword for each console manufacturer, since they don't want another Wii running away with their money due to being 1/2 the price.
Wii U : $300 (at this point it should be $200 - $250 based on tech)
Nextbox: $300 - $400 ($300 casual, $400 Kinect version)
PS ?: $300 - $500 (I'm thinking $400)
I wouldn't put all my faith in this rumored graphic card configuration. AMD themselves said the next box would have avatar like graphics. Even with extreme optimization I doubt this card would even come close to this. Now it was also rumored the new box would run some sort of dual gpu. Perhaps 2 of the these chips running fully optimized could pull this off. Also keep in mind that epic and unreal work closely with Ms. The Samaritan demo was to show console developers what they expect out of the next gen. Epic did this once before in 2004 with screens of a game that look unbelievable at the time. A few years later we learned those screens belonged to Gears of War.
I'm sure MS is looking to strike a balance between power and price. But I highly doubt that a company who is known for horse power in their console would release a underpowered system.
http://www.industrygamers.c...
http://www.techdigest.tv/20...

Xbox 360 in the last couple years has moved more and more into entertainment beyond games, and it would appear that trend will continue with next-gen. According to analyst and marketing expert Scott Steinberg, Microsoft has an advantage over both Sony and Nintendo because of this broader entertainment focus.
Xbox has momentum now for sure, but it's too early to say what will happen in next gen.