Michael Pachter, in support of his OnLive predictions, has said this console generation will be the last as content won't change in "any meaningful" way.
Publishers and platform holders simply can't afford "a PS4 or Xbox 720" he noted. Sony would need to wait until they "make a profit on this generation," which is in 2015 by his math.
"I think we’ve seen the last generation of consoles," claims the analyst, saying that third-party publishers "are not going to support a PS4 or Xbox 720."
"The content is not going to change in any meaningful ways because the publishers can’t afford it," he continued. "Sony is not going to put out a console until they make a profit on this generation, and my math puts that at around 2015."
Lazard Capital's Colin Sebastian disagrees and feels Microsoft and Nintendo would likely at least release another console each by 2012, though Sony is expected to sit that out and ride the PlayStation 3's growth.
Is the console era of gaming nearing its end?