It's been four years since the PlayStation 3 hit the shelves, and five since the Xbox 360's debut. Does that mean a new generation of consoles are about to emerge? Don't bet on it, reckons EA Sports boss Peter Moore.
Moore has stated that, because the prices of Sony and Microsoft's console have yet to hit 'mass market' levels, it will be years before we see new iterations of the Xbox and PlayStation.
"Chronologically, this is the last few years of previous cycles, but when you look at pricing, we're mid-cycle," Moore opines to
Eurogamer. "Over the years, $199 and below has been where 75 to 80 per cent of business is done. With the exception of 360 and the Wii, PlayStation 3, which seems to have a lot of momentum, is not even close to that."
The sports chief added that the release of new peripherals such as Move and Kinect are "tantamount to new platform launches for both Sony and Microsoft respectively. I don't think they are going to be investing in new hardware 12 months, 24 months, 36 months after investing I'm sure a considerable amount of money in getting both of these platforms out."
What do you reckon? Is he right or wrong? Speak out in the comments box below.