EA Labels boss: PlayStation 4, Xbox Next “coming out in about a year’s time”

"I'm under non-disclosure so I can't comment too much."

Electronic Arts Labels president Frank Gibeau has said that Sony and Microsoft will launch their next-generation game consoles by the end of 2013.

“We’re into the sixth or seventh year now of this generation of hardware and so it’s a mature market,” Gibeau told Bloomberg TV. “In terms of [software sales] fatigue, I consider it more of a mature market, a stable market.

“[Sales] flatten out a bit towards the end [of a console cycle]. Typically a transition year before new hardware comes out you see that flattening effect inside of the business.

“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.”

Questioned if the consoles were called PlayStation 4 and Xbox 720, he said: “I don’t know what they’re calling them, I’m under non-disclosure so I can’t comment too much about what they’re specifically doing.”

Neither Sony or Microsoft have announced anything official regarding the successors to PlayStation 3 and Xbox 360.

Thanks, CVG.

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