Area of technology-Part 2

http://www.gamespot.com/news/6234558.html

As we already know, technology is advancing at an unbelievable pace. There are few areas in which this is more obvious than the videogame industry. Just compare something like Gears of War to Space invaders, and you'll see my point. Typically, a console has a rather short life and is usually replaced by its parent company with a successor about five or six years later. Hell, Microsoft replaced the Xbox with Xbox 360 after only four years, and that itself happened about four years ago now. Yet not only has Microsoft not replaced the 360 yet, they haven't even unveiled plans for a 360 successor yet. One can't help but wonder why exactly they haven't yet, but this article makes a suggestion. Simply put, the current generation of games consoles haven't yet proven themselves to be profitable. To kill off the current consoles so soon, simply to get a headstart on the competition would be suicide from a business perspective. It's interesting to note that so far Nintendo, creator of the phenomenly successful Wii, are the only ones even considering a next gen console at the time. Perhaps they have reached market saturation point, and aren't able to milk the older technology anymore. In the mean time, all three consoles have a few price drops left in them, and great software to come as developers get more comfortable with their abilities, in order to remain competitive. Next gen could be a long way off.