Are the next gen console PS4 coming soon?

Are the next gen console PS4 or Xbox 3 really coming soon?

In this age of gaming wars where companies fight for the supremacy of the gaming industry, Nintendo, Sony and Microsoft have been competing. These companies have been trying hard to woo the consumers with variety of features.  In addition, most of all the age of integration has come now with adding of more than one device into the   other. Gadgets are made such that they perform works of other   gadgets too.

For example  the  PlayStation  3  which is  a  gaming rig  and a technology marvel is made for killer  graphics and  excellent performance. Apart from that, a blu ray drive is integrated into it so that it can be used as a blu ray player eliminating the need to buy a standalone blu ray drive. A  160 gb  hard disk is  also added in the  drive so that one can  save  photos , videos, songs  and others.   In Wii, you have card reader so that one can connect media to the console and use it as a media player. Xbox  console is  the  best  ever online  gaming device  now  with millions and millions of  people  using it for  online gaming.

Millions of  dollars have been diverted  to the research and development of these devices over the past  years  where  each company  tried to  outcast the  other  by  improving  their consoles. The playstation   updated to   playstation two and later on to playstation three. Xbox released a normal Xbox and then upgraded to   Xbox 360. Like this  the  fight  among these companies have  brought to the best of  gaming  devices  available now .
But  since they made  a trend of bring up  newer  consoles  now and then  , everyone is looking forward for a Xbox 3 and  the PS4  . Though these are good enough for now, the   rumors of next generation of consoles under development are creating raves.

Considering the amount of money spent on the development of these consoles the companies would not want to release out a new one they still did not capitalize much on it yet. and also  this will cause  a heavy pressure from the software  manufacturers as all that they made for these consoles will be obsolete if  a newer console comes up . so  possibility of  releasing a  newer version of  these  consoles  until  2012 -2013 is  very  meek .

Why should they release  a new  console  when the rigs they  made  are  good enough for  some more year  from now  and it’s a strongly  wise  decision to  stick to  it. But then  again if someone else dares to launch  a  new console  sooner  they can  capitalize on that   initially  but sooner and later  due to the completion  others  will also have to  follow and release  newer model but eventually it’s the consumer who will be happy with  such  kind of   move than the  companies.
So finally  it is  clear that  there is  as such no need to release  newer models but  they will certainly delay the  release  as long as possible  . However, someone will blink first in between for sure!!

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