Electronic Arts Labels president Frank Gibeau, speaking with Bloomberg TV, has said that the next generation PlayStation and Xbox will be released in about a years time. He has also said that the market is in a period of flux as gamers wait for the next generation of consoles.
"The new hardware is going to be coming out in about a year’s time, so we’re right around this period in time when the market’s going to slow down and then you have a new game changer coming with all new technology, all new hardware, and another growth period," Gibeau said. "I don’t know what [Sony and Microsoft] are calling them, I’m under non-disclosure so I can’t comment too much about what they’re specifically doing."
"Transition is our friend – is kind of the saying we have around EA – because it gives you a chance to reset everything," Gibeau said. "And we’ve done enough transitions in this business that we know what we’re doing, and we’re going to go after this one in a big way. But it is a time where you see new companies emerge as leaders and some traditional companies fall away."