Wedbush Morgan Securities analyst Michael Pachter believes Sony will release PS4 by next October, the latest being November of the same year, because the company does not want a repeat of 2005, when Microsoft upstaged PS3 by releasing Xbox 360 one year earlier, and in doing so changing the rules of the industry forever.
Here’s what he said:
It isn’t likely that they will launch earlier, as it doesn’t make sense to get out too far in front of software, and I’m pretty confident that few developers have been working on PS4 games for more than a year or so. Holiday 2013 will be a comfortable window for Sony, and will give them a chance to get a head start on Microsoft.
Pachter also said PS3 will continue to sell very well after the launch of PS4, predicting at least three more years for the console once the new system is launched.
Do you agree with him?