PS4, Xbox 720 to be announced before E3, says analyst

Nintendo has moved "to niche category."

Posted By | On 14th, Jan. 2013

Xbox_720

After having wrapped up the CES meetings, Baird analyst Colin Sebastian is of the opinion that the Xbox 720 and the PS4 will both be announced before E3 this year and that they will borrow from high-end PCs in terms of hardware features. He also says that due to the not-so-impressive Wii U launch, Nintendo has now become more of a “niche” company.

“E3 2013 will be the most important game conference since Y2K,” said Sebastian in an investor email. “We continue to expect both Sony and Microsoft to host dedicated events before E3 to announce their new platforms.”

He said that next generation consoles from Sony and Microsoft will borrow from high-end PCs. “New console hardware will borrow from high-end PC components, providing hybrid physical/digital distribution models, enhanced voice controls and motion sensing, broad multi-media capabilities and lower launch price points.”

He also said that there was a possibility that there could be “early production issues with Sony’s PS4″ which could “limit unit shipments or regions at launch.”

Nintendo, Sebastian said, has shifted to “niche category”. “Following a somewhat lackluster launch, Nintendo must bring to market major first-party releases and retain third-party support to limit market share losses,” he said.

He also said that despite difficulties due to changes in the financial scenario, big games such as Battlefield, GTA 5 and Call of Duty will sell well.

His comments about the PS4 and the Xbox 720 seem pretty stop on, but given that Nintendo’s shares saw a spike after its December sales, we don’t see Nintendo becoming a niche company anytime soon.

[VG247]


Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Stellar Blade Technical Analysis – An Excellent PS5 Exclusive

Stellar Blade Technical Analysis – An Excellent PS5 Exclusive

Stellar Blade plays like a dream with its mix of Soulslike and, hack and slash combat, but how does it fare on...

Fallout 4 (PS5) Review – War Hasn’t Changed

Fallout 4 (PS5) Review – War Hasn’t Changed

A pleasant return to the end of the world.

Hades 2 Technical Test Ends on April 29th

Hades 2 Technical Test Ends on April 29th

Early access for the hack-and-slash rogue-lite will go live "relatively soon" for PC via Steam and the Epic Ga...

Fallout 4 Next-Gen Update Targets 4K/60 FPS in All Modes on Xbox Series X, Says Bethesda

Fallout 4 Next-Gen Update Targets 4K/60 FPS in All Modes on Xbox Series X, Says Bethesda

Bethesda notes that Performance Mode is "more aggressive in lowering settings" to maintain the 4K/60 FPS targe...

Fallout 5 – Microsoft Reportedly “Formulating Plans” to Launch it “Sooner Rather Than Later”

Fallout 5 – Microsoft Reportedly “Formulating Plans” to Launch it “Sooner Rather Than Later”

Following the success of Amazon's TV show, Microsoft is reportedly looking to fast-track development on the ne...

Manor Lords Has Already Sold Over 1 Million Units

Manor Lords Has Already Sold Over 1 Million Units

The game also hit a peak Steam concurrent player count of over 170,000, which is the highest ever for a city b...