PS4 and Xbox 720 due by 2012, says Crysis firm
The president of game developer Crytek has predicted that the successors to the PlayStation 3 and Xbox 360 will appear within the next three to four years.
Cevat Yerli was hosting a talk titled "The Future of Gaming Graphics" at the ongoing GC Developer Conference in Leipzig, Germany, when he said that the PlayStation 4 and Xbox '720' will arrive in 2011 or 2012.
He stressed that the dates are just our [Cryteks] estimate and claimed that neither Microsoft nor Sony have revealed any juicy next-generation console development timelines to him. But that's what his company is working to.
Read what else they had to say here.