PS4 and Xbox 720: The Latest News and Rumor Mill for this week

This week has been pretty eventful in a sense that there has been plenty of new rumours on the next-generation consoles from Microsoft and Sony. So it’s time for another GamingBolt next-gen news and rumour round-up for this week.

First up, PS4 being worked on by Sony since 2010: “In what could be a proper confirmation that the successor to the PS3 is indeed in development, a Linkedin CV of an ex-SCEA R&D director has outed some vital information that won’t please Sony. It’s funny that the CV still has Next Generation PlayStation listed there, or maybe since he left Sony, he can do whatever he wants.”

President of Nintendo, Satoru Iwata believes the Wii U’s graphics won’t be drastically behind PS4 and Xbox 720: “Nintendo’s president believes Wii U won’t be that behind Sony and Microsoft’s next-gen consoles in graphical capabilities. He believes they have created a console that not only good performance but also proper graphics and they had to design it that way to make it affordable to consumers.”

Codemasters co-founder: “PS4 and Xbox 720 need to be digital only, or they will fail”: “Codemasters co-founder David Darling has predicted that if Sony and MS’ next-gen consoles aren’t 100% digital only, chances of them failing are high. He compared them to Apple’s current profitable business model and the need to step away from retail.”

Sony counters that as well, which you can read over here. This week has been heavy in terms of next-gen news, but these types of news are both interest and absurd in many ways.