PlayStation Universe

Sony or Microsoft to bow out of console business, says Gaikai

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on 12 January 2012

Game streaming firm Gaikai reckons that Sony or Microsoft will cease manufacturing consoles once the current hardware generation wraps.

The company’s chief producer officer, Nanea Reeves, told Industry Gamers, "Not all of the current console makers will have one more generation. That will be the big news at E3."

Rumors have been pouring in this week regarding Sony and Microsoft’s next-generation efforts, with one report claiming PlayStation 4 and Xbox 720 are to be unveiled at E3 in June.

Sony has publicly denied that it will be making such an announcement at the Los Angeles-based convention, however, while Microsoft is keeping mum on the subject of new hardware.

Stay tuned.