Published on January 14th, 2013 | by Mark Gibson, Editor/Community Manager

PlayStation 4 and Xbox 720 May Be Revealed in March

A rumor reported by VideoGamer revealed that the “PS4” and “Xbox 720” may be unveiled during the Game Developers Conference in March. Sony and Microsoft supposedly are preparing for “special Apple-style press conferences” that will showcase their next-generation consoles.

In the February 2013 issue of Game Informer, a report reads:

“E3 in June may be the industry’s biggest event, but both companies want to give their systems their own limelight. That doesn’t mean E3 won’t be without its surprises. Next-gen games will be announced at the convention in preparation for the systems’ release at the end of the year”.

An important note in the article was Sony’s targeting of the PS4’s release date ahead of Microsoft’s next-box. However, this seems to contradict what Sony Home Entertainment Vice President Hiroshi Sakatomi commented on during CES this past week. In regards to the PS4’s progress, Sakatomi said that the reveal of a next-gen console was on the table, but Sony would be waiting till at least May for its announcement.

In November, Avalanche Studios, the creators of Just Cause 2, revealed that they were in line for receiving next-gen developer consoles after tweeting:

“We’re shipping ’em back. Going next-gen on your asses.”

In addition to the potential reveal, Colin Sebastian, a Robert W. Baird & Company industry watcher, has predicted the price points on the next-gen consoles as being lower than prior systems. Sebastian issued a note to investors predicting the PS4 and Xbox 720 could debut at $350-$400 given the “lackluster” Wii U launch and holiday sales.

To give you some perspective, the Xbox 360 debut price was $400 back in 2005, while the PlayStation 3 launch price was $500 in 2006. The Nintendo Wii U launched at a price of $299.99 in 2012.

Sebastian also noted that Nintendo may be looking at an uphill struggle with the Wii U in the coming months. He predicted that Nintendo will be forced to switch to a “niche category” and will lack broad appeal beyond dedicated Nintendo fans.

Financial reports show that after 41 days, the Wii U launch did not outsell the original Wii back in 2006 falling short by 15,000 units. Sebastian stated that Nintendo would need to release more major first-party games as this would be the only way to “retain the support of key third-party developers and reduce market share loss.”

Nintendo issued a statement on Jan. 10 stating the following concerning its total unit sales for the Nintendo Wii U console:

With more than 460,000 units sold in December, Wii U has now sold nearly 890,000 units in the United States after only 41 days on the market, according to the NPD Group. To date, Wii U hardware sales have generated more than $300 million in the U.S. alone; Wii hardware had generated just more than $270 million at the same point in its lifecycle.

The Game Developers Conference (GDC) will take place March 25-29 in San Francisco. Stay tuned to GAMINGtruth for full coverage.

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About the Author

is a writer who loves video games, movies and beer. His favorite games are RPG and FPS. When he isn’t busy gaming and writing, he enjoys hanging out at cool bars and talking about gaming and writing. Twitter: @markthius

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