Although official hardware specs have yet to be published by Microsoft, the Xbox 720 (Next) and Sony Playstation 4 (PS4) are likely to be somewhat evenly matched in terms of hardware. As such, the battle for supremacy will likely center on other aspects besides raw horsepower.

Nintendo may have released it's next-gen console almost a year ahead of Microsoft and Sony, but it is quite clear that most core gamers are waiting for the Xbox 720 (Next) and the Playstation 4 (PS4).

The $99 Android-powered Ouya console boasts a definite advantage over its console rivals in terms of price, but can it effectively compete against powerful next-gen systems like Sony's Playstation 4 (PS4) and Microsoft's Xbox 720 (Next)?

Sony has thus far confirmed a number of specs for its upcoming Playstation 4 (PS4) console, including 8 GB GDDR5 of system RAM, a single-chip accelerated processing unit (APU), 8 AMD x86-64 bit Jaguar (CPU) cores and 18 next-generation AMD (GPU) Radeon-based compute units.

Inside Network analyst Billy Pidgeon says he believes Sony will need to price its upcoming PlayStation 4 console at $299 for the system to rack up high sales this holiday season.

Wedbush analyst Michael Pachter says he believes Sony's upcoming PlayStation 4 video game console will carry a price tag of $400-$449.

Sony has been understandably tight-lipped about its upcoming Playstation 4 system in recent months as the current console cycle winds down.

The industry can no longer afford to wait for the next generation of consoles.

Sony is rolling out its PS3 Super Slim - even as the Japanese-based corporation prepares to phase out the long-lived console in favor of the upcoming PS4.



Nintendo rolled out its long-awaited Wii U console yesterday, with a white Basic priced at $299 and a black Premium weighing in at $349.



A prominent industry analyst has confirmed that Microsoft may delay the launch of its next-gen Xbox 720 console to accommodate "overwhelming" demand.

Outspoken Wedbush Securities analyst Michael Pachter doesn't think the Wii U will succeed.

Video game analyst Michael Pacther says that we're more than likely to see the next Xbox come in at a cool $99 price point - with a catch.

Nintendo chief Satoru Iwata says its next-gen Wii U console will support a free-to-play gaming model.

A prominent industry analyst says he believes Nintendo has adopted a "rear-view mirror strategy" with its next-gen Wii U console.


Wedbush Morgan analyst Michael Pachter has weighed in on the controversy surrounding the ending of Bioware's Mass Effect 3.



Microsoft is reportedly preparing to offer its upcoming Xbox 720 console in two iterations.

A prominent industry analyst believes Microsoft has little interest in replacing its flagship Xbox 360 with a newer console in 2012.



November 2011 is turning out to be an epic months for games, with many of us eagerly awaiting the release of both Elder Scrolls: Skryim and CoD: Modern Warfare 3.