If you thought that this generation which now has spanned for roughly eight years depending on your console choice was long, I got some dire news for you. The next one will be even longer.
Developing a new console is very, very expensive. In fact, usually console just lose money the first years and start making money at the end. That’s why we saw a 7-8 year console cycle with this current generation and I predict that Xbox One and PlayStation 4 will be around for 10 years before PlayStation 5 and Xbox 3 comes out. If they come out. We could very well have switched to full streaming by then.
I myself am not that big of a fan of too long console cycles. I have noticed a pattern in my interests. Usually consoles for me remain relevant and interesting for about 4 years. After 4 years, my interest starts to rapidly decline. It was the case with Gamecube and Xbox and with Xbox 360 as well. Therefore having a 10 year cycle? Wow. I don’t know. Maybe the new hardware and games will age better. Maybe Sony will support the PS4 better than Nintendo and Microsoft did in the long run? It certainly seems so with the PS3.
What are your thoughts on potentially having a 10 year console cycle with PS4 and Xbox One?
Get used to these consoles, because it’s likely they’ll be around for a decade.