User blog comment:Argorrath/Activision confirms next Call of Duty for this year/@comment-74.95.164.37-20130212163328/@comment-70.194.8.196-20130212204752

Yes, sorry to say, next-gen consoles are scheduled to be revealed this summer at E3 and released this holiday season. The PS4 is going to be officialy revealed later in March, and the new Xbox will be detatiled at E3. Game developers are already planning new games for these platforms, such as Bungie's new game. (http://www.examiner.com/article/new-teaser-website-opened-for-destiny-on-ps4-xbox-720-and-other-systems) Rumor has it that these systems will probably cost about $400.

I wouldn't worry too much about getting any of these new consoles anywhere near release date. The price will come down on them 6-12 months after launch and bundles will be available. Games will still be made for the Xbox 360 for probably around 2 years, judging by the economy and consumer confidence. Sorry to dissapoint, but don't get too worried. The first editions of this new console will probably be plauged with bugs and glitches.