The next consoles from Sony and Microsoft will not launch until three years' time, predicts GameStop.

Senior executives from the US retail giant made the claim during a series of investor meetings, according to financial research firm Baird.

A statement read: "Management does not expect new hardware consoles from Microsoft and Sony until 2014; however, a successful launch of Nintendo's Wii U in 2012 could add pressure to accelerate a hardware refresh.

"GameStop is also upbeat on the coming launch of Sony's PlayStation Vita handheld gaming device, which has a $249 price-point within the reach of many gamers.

"As for the motion controller launched a year ago, management indicated more software is needed to maintain sales momentum."

http://www.mcvuk.com/news/read/xbox-720-and-ps4-not-out-until-2014/082305

Posted: Jul 15, 2011 7:23 pm