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PS4, Xbox 720 Could Be Announced in March

/ Jan 15th, 2013 No Comments

PlayStation

PlayStation

PlayStation 4 and Xbox 720 rumors continue to spread as the next generation of consoles inches closer. The latest rumor on the next-gen consoles is they will be announced at special Apple-style press conferences around the same time as the Game Developers Conference that takes place March 25-29 in San Francisco.

Sony and Microsoft want to give their new consoles a proper spotlight in separate news conferences rather than wait until the big video game media event that is E3. That would allow each company to put the focus on the games that will appearing on their next-gen consoles.

Despite an early announcement, new consoles from Sony and Microsoft would still not be expected to be released until the end of the year.

[adsense250itp]Robert W. Baird analyst Colin Sebastian predicted the consoles would debut at a price range of $350-$400 in a note to investors.

He also noted that Sony and Microsoft are in a race for which new gaming system hits store shelves first. Sony does not want their console to be the last to come out as it was for the current generation. However, production on the PS4 had reportedly hit a snag. That rumor appears to have been overblown as Sony’s new console should have no problem debuting later this year.

Previous rumors have stated both companies would be making next-gen console announcements as early as International CES and as late as E3. Recently, it was suggested Apple-style events would be held just before E3. A rumor involving the PS4 development kit schedule started in November confirmed that timeline.

Both new consoles have gone through several code name changes and it is still not known what the final version will be called. A report last month outed the Xbox 720 as Kryptos and the PS4 as Thebes, which is on top of other previously reported code names.

Ryan Bloom

Ryan Bloom

Chief Editor at Gaming Illustrated
Ryan Bloom is a writer and avid gamer from Orange County. He received a B.A. in Communications with a minor in American Studies from California State University, Fullerton in 2010. Follow him on Twitter @BloomsTweets.
Ryan Bloom

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