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Pachter: Xbox 720 Won't Launch Until 2014, Rumors for 2012 Are Just Plain 'Silly'

Xbox 720 rumors have been circulating quite a bit in recent weeks, with multiple sources claiming that the next-gen console might even launch by the end of next year to give Nintendo's Wii U a real challenge. The most recent report stated that Ubisoft Montreal is currently working with 'target boxes' and "all signs point to the finalized console arriving at retail in late 2012." If you ask Wedbush Securities analyst Michael Pachter, however, it's all hogwash.

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donniebaseball1706d ago

I think I might actually agree with Pachter for a change. 2012 seems way too early given the sales rate for 360 still.

gamingdroid1706d ago

Yeah, I think the Xbox 360 is in it's prime right now with a very strong momentum. Not sure if releasing a console in 2012 would make sense although one can wish.

I certainly want the next generation to start as soon as possible.

RememberThe3571706d ago

I feel torn between wanting new consoles and wanting them to wait a little longer so that we can get an even bigger jump in tech.

I can wait a bit longer for the next consoles. I don't think Sony or MS want this gen to be over quite yet.

RBdrift1706d ago

It really woudent make since from a business standpoint to replace a product that sells a ton for Microsoft, and Sony just a couple years ago started making profit from each PS3. So I doubt they want to release anything too soon.

stevenhiggster1706d ago

I agree with RB, as much as gamers and devs might want the next gen of consoles, Sony and Microsoft don't.
They are still making tons of profit from 360 and PS3 and lets not forget that neither company is really making ends meet just now.
They aren't gonna go for the risk of launching new consoles just yet.

ApplEaglElephant1706d ago

I wont be upgrading my Xbox 360...

It is clear that MS wants to go the casual route. and i am quite frankly disapointed with how MS just practically dropped hardcore in the middle of a cycle.

They will prob have few exclusives at the launch of 720 to lure core gamers, but i wont fall for it. They will just go back to printing money with Kinect after a year or two.

DK286K1706d ago SpamShow
ApplEaglElephant1706d ago (Edited 1706d ago )

You are comparing games for 10 million user base(kinect) vs 55 million user base(360)...Games like Dance Central sold 2+ million. How much do you think that game cost to make? a milion bucks tops?

How about games like Halo? you are looking at 50 million bucks. 50 times bigger budge, but i dont see 50 times bigger sales.

Which has bigger profit margin? Dance Central. I am not sure whether you are blindly denying or just dont understand how this works.

gamingdroid1706d ago

I have never had any issues finding games, and MS keeps delivering big AAA exclusives every year with plenty of third party games to mix in. So what is the deal?

I don't mind third party games, nor do I mind playing some casuals games. Kinect Sports and Dance Central are both awesome games. The former which sold over 3 million copies and the latter sold over 2.5 million copies.

http://www.joystiq.com/2011...

Yet, we are getting Halo 4. We just recently got Gears 3, Halo: CEA and Forza 4.

Projekt7tuning1706d ago

So, since Michael Pachter said that. Does that mean it's coming out this Christmas? lol
j/k

tehnoob31705d ago

When the ps3 came out the ps2 was still the best selling console for many months

Mustang300C20121705d ago (Edited 1705d ago )

Yeah but the PS2 didn't go for 6 years before new consoles came out either. This generation is completely different then the last.

I have been in the camp that it will arrive around 2014 due to how the 360 has been doing. I just don't see them launching Halo 4, GTA5 and other games due out next year, and then advertise a new system. What game are they going to advertise with the new system as Halo 4 is being released in the same time frame? On top of that the 360 hasn't seen a price drop in 2 years. They still have that as an advantage. Nothing points to why they would need a system to come out in 2012(Wii U is not a reason IMO lol). Even if devs are getting kits today, I don't see any game being ready for a day one launch by next Fall. I don't see Nintendo repeating their success at the beginning of this generation with what they have currently showed. Nintendo doesn't have the same demographic players that MS and Sony do. They don't have the online infrastructure to compete with either Live or PSN. Those are factors that to think of.

Mustang300C20121705d ago

Yeah but the PS2 didn't go for 6 years before new consoles came out either. This generation is completely differe then the last.

I have been in the camp that it will arrive around 2014 due to how the 360 has been doing. I just don't see them launching Halo 4, GTA5 and other games due out next year, and then advertise a new system. What game are they going to advertise with the new system as Halo 4 is being released in the same time frame? On top of that the 360 hasn't seen a price drop in 2 years. They still have that as an advantage. Nothing points to why they would need a system to come out in 2012(Wii U is not a reason IMO lol). Even if devs are getting kits today, I don't see any game being ready for a day one launch by next Fall. I don't see Nintendo repeating their success at the beginning of this generation with what they have currently showed. Nintendo doesn't have the same demographic players that MS and Sony do. They don't have the online infrastructure to compete with either Live or PSN. Those are other factors to think of.

+ Show (8) more repliesLast reply 1705d ago
Game4life1706d ago

I've been saying it for a while but there really isnt a need for new consoles right now. The price of consoles (except the wii is still about mass market price (200$ or less) I know alot of tech geeks want new consoles with all this stuff but with evrything that they want the console would cost a fortune. The consoles are also just starting to take off in my opinion. Try again in 2013 or 2014

ATi_Elite1706d ago

M$ gained a huge portion of Sony's market share by releasing early. M$ will continue with this strategy.

Releasing a new console now while the 360 is still selling pretty good is the right thing to do. The 360 will still bring in revenue while the 720 is sold at a lost until the 720 can be made cheaper and sold at a profit just like Sony did with the PS2 to help the cash flow while the PS3 lost money until it could be made cheaper.

M$ has already given out system specs to many Devs for next box games.

Halo 4 releasing for the Next box sounds logical (with a 360 version as well)

Xbox 360 is basically on auto pilot right now as M$ has no in house studio making games for it BUT i'm sure devs are working on Next box titles.

I think many gamers are ready for a next box.

dirtrider1706d ago

sorry, but i logged into say im getting tired of seeing m$

sony right now are the ones nickel and diming btw. so ill type this

$ony

morganfell1706d ago (Edited 1706d ago )

Hate to bust your bubble but it has been confirmed that HALO 4 is a 360 title. I am glad because I do not want to wait.

Microsoft isn't going to release a new Xbox next fall and at the same time release their flagship title for the last generation of consoles. How much sense does that make?

Releasing two versions means most players will just buy it for the current 360 which means the punch from a top title is nullified.

More info here including links to the confirmation:

http://n4g.com/news/890984/...

ATi_Elite1706d ago TrollingShow
dirtrider1706d ago PersonalAttacksShow
ATi_Elite1706d ago TrollingShow
gamingdroid1706d ago

Why not release it on both consoles?

Early adopters don't adopt early because they can play current games on current systems. They want cutting edge now....

PS2 was still selling when the PS3 was released. I think it would be a great strategy to move forward with dual platform release especially if you get both versions as an incentive to upgrade to next generation console.

That said, there doesn't seem there has been enough leaks to substantiate a 2012 release. Who knows, maybe MS doesn't even know....

DiRtY1705d ago

"The 360 will still bring in revenue while the 720 is sold at a lost until the 720 can be made cheaper and sold at a profit just like Sony did with the PS2 to help the cash flow while the PS3 lost money until it could be made cheaper"

We all know how this turned out.

Financial year 2006: 2 billion USD loss
Financial year 2007: 1.1 billion USD loss
Financial year 2008: 584 million USD loss
Financial year 2009: 890 million USD loss
Financial year 2010: 429 million USD profit

stevenhiggster1705d ago

Gotta lol at people sayin "the PS2 was still selling when PS3 released." Yeah it was, and look how the PS3 sold for the first year or two.

They'll wait till the current console well is dry.

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otherZinc1706d ago

Pachter is absolutely correct!

Reason:
M$ is launching their best selling exclusive Halo 4!
They wouldnt confuse the market.

People were saying Halo 4 would launch to the 720? Why & lose 60million XBOX 360 opportunities? When the 720 would only sell about 5 or 6 million? That's horrible business logic!

I said this before & received a bunch of disagrees! Hay, M$ wont even announce a new XBOX next year with the sale of Halo 4 next year. You can bet on that!

llMurcielagoll1705d ago

I agree as well, I don't know if this is a solid reason but I think 2012 is way too early for next-gen of gaming generally.

We still have games to come on our PS3s 360s Wiis and PCs in the current gen. So for that reason I personally think, nope not gonna happen in 2012 at least.

I think later 2013 or 2014 would be reasonable for the coming of next-gen-gaming.

xtremeimport1705d ago InappropriateShow
BlmThug1705d ago

But 2014 is way too long

JsonHenry1705d ago

I can't wait to laugh at Pachter this time next year. :)

frostypants1705d ago

Problem is, Pachter is ALWAYS WRONG. I mean seriously, how this man is still seen as credible by anyone is shocking to me. I guess he knows just enough to fool a bunch of stock traders who know next to nothing about the video gaming industry, but geez...

The 720/PS4 WILL be out by late 2012/early 2013. Period, end of discussion, rock beats paper, etc.

Dno1705d ago (Edited 1705d ago )

Actually you are wrong.

Pach guess at a wii HD... that happened

pach guess at a Call of duty online paying service and that was right.

He gets a lot of things right. (some wrong also)

Also your wrong. they announce new consoles at E3 a year and a half before they release (case in point Wii U). That means THIS YEARS 2011 e3 Would have new systems. It did not. No new system till 2013/14 thats the only end of discussion.

tehnoob31705d ago

Xbox 360 announced e3 2005 and released holiday season 2005

damnyouretall1705d ago

yeah i agree. competing with the wiiu is bs. if that thing cant atleast run unreal engine 4 then its not in it for the long haul. gamers are smarter now cause of these last 2 generations. fanboys of the more powerful console far outweigh fanboys of mario and shit

+ Show (7) more repliesLast reply 1705d ago
Trainz1706d ago SpamShowReplies(5)
Rahim921706d ago

So the 4th Xbox would be called Xbox 1440? Right..

3GenGames1706d ago (Edited 1706d ago )

This isn't about the xbox after the next though. Your logic=flawed. 720 would be a good name, after that they can worry about it. And who really cares? It's not hard to make a name for a system. I'd worry about getting a prototype working first.

Rahim921706d ago (Edited 1706d ago )

My comment was basically supposed to be a reply to Lugia 4000's comment. I forgot to press ''reply'', so partially my mistake

Lucreto1706d ago (Edited 1706d ago )

2014 seems to be a good timeframe.

Developers need time to work with the new hardware, then make an engine to work with it and then develop a game with it and they expect them to do with before next year while they are releasing games this year.

With the economy as it is at the moment a new machine is not what we need around now.

hennessey861706d ago

microsoft could release a new console next year and suprise us all, I think the main difference from last gen is that they have the install base to continue to support the 360 like sony did with the ps2. I think they will probably release in 2013 but we wont have to wait till 2014 thats way too long. 2012 will be the last big year for the 360.

ForROME1706d ago (Edited 1706d ago )

They are launching HALO 4 in Dec 2012 why would they have their "new" system out in 2012?

They Wouldnt

They might announce it; and get people into Halo 4 and say the only way to play Halo 5...

Is on the "new" Xbox

See how that works

Jdrm031706d ago

Or they followed through with their "forward Compatibility" research and for gamers that are actually dedicated to the hobby, they can purchase the xbox 3 and Halo 4 and play halo 4 with better graphics/fps/performance.

hennessey861706d ago

was confirmed for next year but it wasnt announced what system it would be on, microsoft could throw a huge spanner into sonys machine if they release a new console next year with halo 4 as a launch title can you imagine

Wikkid6661705d ago

@hennessey86

Look at the Halo 4 art work on xbox.com. Sure looks like Xbox 360 to me.