re: Sources:Upgraded PlayStation 4 is Codenamed NEO, Contains Upgraded CPU, GPU, RAM

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They can be pissed, the days of 6-8 year console cycles are a thing of the past.

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I wouldn't say they are a thing of the past, it's still a very viable enterprise. I think the problem is that they lost sight of the fact that for a console to have a long shelf-life, they have to accept the fact that they are going to lose money on it for the first half of that shelf-life.

I remember reading that the previous 2 generations didn't finally hit the black until like year 4 or 5 of their existence and it's because they used expensive parts in order to "future proof" the consoles. The current generation was already regarded as being behind the curve.

Now, I could be wrong on this, but the current consoles seem less prepared for the long haul than the previous 2 or 3 generations.