According to Wedbush Morgan analyst Michael Pachter, it will be four years before we see the next generation of consoles (the next versions of the PlayStation 3 and Xbox 360) and one more year before we see Nintendo's rumored Wii HD.
"We therefore think it is likely that the 'next' generation will begin after 2013, meaning that software sales are likely to grow by a compounded annual rate of 6?10 percent for another five years... ...We do not expect a "new" console in 2010 other than the long-rumoured high definition Wii, which is likely to upgrade the Wii to current console technology" - Michael Pachter
Read the original article on Edge here.