Lazard Capital’s Colin Sebastian stated:
“Management remains confident in the 10-year console lifecycle no PS4 anytime soon. While no time frames were mentioned explicitly regarding a console refresh cycle, management indicated that there is little reason to expect a deviation in the ’10′ year console cycle.”
“We think this might, over the duration of the remaining life of the PS3, provide a window of opportunity for new gaming platforms such as an Apple TV, which could simply utilize an SDK and App Store to deliver games to television sets. The next generation Apple TV, will in our view, likely feature the same hardware and software improvements that accompanied the iPad 2, which include a dual core processor and a 9x improvement in GPU performance.”
However, Sony’s earlier “10 year cycle” with the PlayStation 2 included the PS3 entering the picture 6 years into it.
