490°

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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industrygamers.com
donniebaseball4558d ago

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

gamingdroid4558d 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.

RememberThe3574558d 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.

RBdrift4558d 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.

stevenhiggster4558d 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.

ApplEaglElephant4558d 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.

4558d ago
ApplEaglElephant4558d ago (Edited 4558d 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.

gamingdroid4558d 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.

Projekt7tuning4558d ago

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

tehnoob34557d ago

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

Mustang300C20124557d ago (Edited 4557d 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.

Mustang300C20124557d 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.

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Game4life4558d 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_Elite4558d 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.

dirtrider4558d 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

morganfell4558d ago (Edited 4558d 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_Elite4558d ago Show
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gamingdroid4558d 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....

DiRtY4557d 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

stevenhiggster4557d 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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otherZinc4558d 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!

llMurcielagoll4557d 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.

JsonHenry4557d ago

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

frostypants4557d 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.

Dno4557d ago (Edited 4557d 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.

tehnoob34557d ago

Xbox 360 announced e3 2005 and released holiday season 2005

damnyouretall4557d 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

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4558d ago Replies(5)
Rahim924558d ago

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

3GenGames4558d ago (Edited 4558d 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.

Rahim924558d ago (Edited 4558d ago )

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

Lucreto4558d ago (Edited 4558d 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.

hennessey864558d 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.

ForROME4558d ago (Edited 4558d 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

Jdrm034558d 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.

hennessey864558d 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

Wikkid6664557d ago

@hennessey86

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

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130°

Microsoft's Absurd Antics Have Me Scared For Dishonored And Arkane Lyon's Future

With Arkane Austin no more and Lyon living for who knows how long, the superb Dishonored is in serious danger; Microsoft cannot be trusted.

Relientk771d 9h ago

I love the Dishonored series so much and really want Dishonored 3. Microsoft better not screw this up.

JEECE1d 6h ago

I mean, I think the fans will probably kill Arkane Lyon by cooking up reasons to hate whatever they do next without playing it. I've never seen a game so artificially disliked as Deathloop.

thesoftware7301d 5h ago

Lol, why don't we just say, we are worried about all studios owned by MS now. They will keep closing studios until they have none left ...🙄

Skuletor1d 3h ago

Just merge them all into a single studio, have it churn out a single Call of Duty every year and call it a day, lol.

Barlos1d 2h ago

Don't be scared, you'll be fine.

Skuletor1d 2h ago

It's exputer, fine is one word I would not associate with them.

Profchaos1d 2h ago

I think it's becoming clear based on matt bootys comments there's no future for any IP that can't sell above 10 million within the launch window. But is also a small game that gives them prestige

/S it's beyond a joke right now

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290°

More Job Losses At Xbox, “There’s More To Come”: Paul Thurrott

Paul Thurrott in a recent episode commented on the on-going Microsoft fiasco hinting at more job losses and that "there's more to come".

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Sonic18813d ago (Edited 3d ago )

There won't be no more acquiring game publishers from Microsoft in the future . Xbox has to pay Microsoft back. It might take two decades to do that.

sagapo3d ago (Edited 3d ago )

I don’t understand what you’re saying. Xbox IS microsoft so there’s no “paying back “.
And MS gross profit in 2023 was over 140 billion dollars so forget your 2 decades.

Unless you mean the money MS invested in Xbox (acquisitions included) and the time it will take for xbox as a brand to gain that money back on it’s own, then yeah, that could take a while.

romulus233d ago

The better term to use might be return on investment, xbox is simply a division of Microsoft one that MS can easily do away with if profit margins are not met. So in that regard he's right, if xbox isn't showing the expected return on investment the higher ups are expecting than it's unlikely Microsoft will acquire any other studios any time soon, especially if they are spending billions buying developers just to shut them down in the end.

MrBaskerville2d ago (Edited 2d ago )

Xbox is a division that they discussed shutting down but doubled down on after Gamepass was pitched.

It needs to make money at some point. Big money.

rokos2d ago

According to Statista the net income of Microsoft is about $72.4 billion dollars which is a bit lower than last year profit. That is almost as much as Activision's acquisition but I assume that would be a one off since it costs so much plus I see how their focus has been shifted to AI, thus any major future investments will probably be in that area.

Markusb332d ago

i think you are really missing the point

VariantAEC2d ago

@romulus23
That is not why MS buys studios. They might continue to buy because it's about taking that sweet sweet IP out of the corporate husks of their acquisitions.

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SonyStyled3d ago

“There won't be no more acquiring game publishers from Microsoft in the future”

No bro, there do be is for Microsoft not acquiring for what is now if not what it be is 😂

3d ago Replies(2)
ChasterMies2d ago

Xbox isn’t a separate company from Microsoft. It’s all Microsoft.

Abear212d ago (Edited 2d ago )

Let’s be real, this is the media spinning all the acquisitions and liquidations of said developers and spinning it to make M$ the villain.

This was bound to happen, a bigger slice of pie and cut costs, when the games come they stand to make more and that’s their agenda—it was the writing on the wall when the sales went through and legally all those who approved the sale and mergers knew this would happen.

Snowflakes need to realize business is ugly and you can cry all you want but this is how capitalism works. And it works.

That said, M$ needs to steer the narrative and grab hold of all this, make their plans known, hype the hell out of all those dead IP’s they plan to revive, and be honest about the timeline. This is likely to involve mobile and IP on other consoles, and most people realize that.

The problem is this company is incapable of being transparent and seems to often want to dissuade and confuse is customer base. The lack of E3 has hurt Microsoft and I don’t think they know how to properly or effectively market their brand anymore.

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jwillj2k43d ago

There really needs to be a class action lawsuit here. You buy these companies just to put people out of jobs. And it’s not like something happened to derail their plans this WAS the plan. Microsoft has no business in this space at all.

franwex3d ago (Edited 3d ago )

Microsoft has been doing this for years. They simply want the IPs. Look at Nokia. Look at Skype. This time it simply expanded to games. Gaming is not as important to Microsoft’s executives as it was to the founders too. Bill Gates was willing to sell the og Xbox at a loss. Steve Balmer approved the red ring of death fiasco. This CEO isn’t really a gamer.

-Foxtrot3d ago

Maybe it's time though to put a stop to it and use a big giant like Microsoft as a huge example to the rest of these big companies.

There has to be a line drawn somewhere.

People like the FTC and the like went against Microsoft yet their Actvision deal was still allowed to go through yet look what's happened...it's not even Acitivisions studios aswell, it's Bethesdas.

VariantAEC2d ago

Years?

Try several decades, and in the gaming space 2.3 decades.

Jon615862d ago

You do realize this happens in ALL industries? Or are you just saying this because it is Microsoft? In any case I feel for those that are being let go but the trch industry is suffering right now.

jwillj2k42d ago (Edited 2d ago )

This absolutely does NOT happen all the time. Let me know the last time 1 company with a terrible product track record spent 100 billion onto acquire MULTIPLE successful companies in under a year only to shut them down and stop making their products regardless of how successful they were. Not merge them, completely shut them down.

And you can’t use Microsoft in your example.

Notellin2d ago (Edited 2d ago )

Class action lawsuit? The law is on their side and protects them at all costs. There are no rules to protect the people at the bottom.

jwillj2k42d ago

Not true when it comes to mass layoff do your research.

RNTody3d ago

Ninja Theory, Perfect Dark, Crash Bandicoot, Spyro, Wolfenstein 3, Dishonored, Prey, Doom, Quake... something tells me that bad things are going to happen to these entities under Microsoft.

MrDead2d ago

ID software, the makers of Doom and Wolfenstein that have been with us since 1991 could be gone and MS will keep the IPs.

I hope some of these studios can buy their freedom from MS otherwise this is going to be even more devastating for the industry and gamers.

Yui_Suzumiya2d ago (Edited 2d ago )

That's exactly what I'm worried about. I've been a fan of id since Wolfenstein 3D and I'm honestly afraid.

lodossrage2d ago

Toys for Bob saw the writing on the wall and bought themselves out.

Wouldn't be the first time a company did that under MS either. Bungie and Twisted Pixel did the same. Considering what just happened, I can see some other devs trying to buy themselves out too.

anast3d ago

Good thing the bosses of all those small studios made their money.

glenn19793d ago

they cant do it right now they will get burned

XiNatsuDragnel2d ago

Phil and his team need to be gone

lodossrage2d ago (Edited 2d ago )

Won't make a difference.

The whole structure needs to be overhauled. Anyone that replaces Phil will be no different than him, Mattrick, or anyone else.

Until the company changes how they go about business, nothing will change

glenn19792d ago

I just don't have any idea what they would do , they have done sooo much damage on their xbox brand, they have a show at July or June I think, but will it even matter even they show amazing games, idkn

lodossrage2d ago

True,

But they may as well get it over with. Whether it happens now or later, the burning is going to hit the same.

Reality is the ONE move that can alleviate a lot of this is the one move they can't make. Remove day 1 from gamepass.

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90°

Microsoft Opening Xbox Mobile Game Store in July

The Xbox brand is expanding, as an Xbox mobile game store is opening this coming July where Microsoft will brings its "first-party portfolio."

Jin_Sakai4d ago (Edited 4d ago )

“Bond adds that they will start on the web”

This will go nowhere.

Nice knowing you Xbox. This is what happens when the house never gets cleaned.

MrDead4d ago

The only this MS is expanding is the amount of feculence it sprays on everyone who just want to enjoy gaming and make games.

The best thing MS can do for the gaming industry is leave and never return.

XiNatsuDragnel4d ago

Good luck with this even it might not succeed.

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