Ubisoft's Guillemot: Prepare For New Hardware 'In The Next Few Years'

Ubisoft is already preparing for new hardware, CEO Yves Guillemot said alongside the company's full year results announcements today.

"We need to get ready for the future generation of consoles," he said emphatically on the company's conference call to investors and analysts. "In the next few years, there will be new home and handheld consoles, and if you don't invest... you will not be able to cope with both [the existing and new generation consoles].

None of the big three console manufacturers has given any indication of upcoming hardware revamps, although Microsoft yesterday promised that its presentation at this year's upcoming E3 would "completely transform how people think about home entertainment."

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Anon19743515d ago

When you consider that Microsoft has ramped up their R&D spending for MS Entertainment in the last 2 quarters you have to wonder what's cooking. Almost half a billion in profit has vanished over the last two quarters despite the fact that revenue has stayed the same. Microsoft even said that it was mostly due to increased R&D. What's MS Entertainment suddenly working on?