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Lack of Xbox 720 and PlayStation 4 are cause of industry decline, says CEO

by William Schwartz on August 22, 2012


The gaming industry has seen a tumultuous year from a sales perspective. Looking at year over year data, these historic declines have led to game publishers losing bundles of cash, and the CEO of Ubisoft is pointing the finger at both Sony and Microsoft. These next generation consoles, which Ubisoft’s Yves Guillemot describes as taking too long, can also give the industry a “huge boost”.

Guillemot aired his complaints recently in an inteview with Games Industry. The executive explained: “I think it’s very important for new generations to come regularly with innovations for the industry, so I think we’ve been waiting a bit too long. We’re waiting for the new consoles – I think that the new consoles will give a huge boost to the industry, just like they do every time that they come. This time, they took too long so the market is waiting.”

Nintendo will usher in the next generation this fall, and Ubisoft will be backing the next generation in a big way. Two of its biggest franchises will arrive on the Wii U, with Assassin’s Creed III set to arrive at launch, as well as an exclusive version of Rayman for the new tech.

As for Microsoft and Sony, neither has officially announced the Xbox 720 or PlayStation 4. Nor have they even admitted to their existence at this point. Earlier this month, a Microsoft executive slipped a hint at the next generation Xbox, which was later retracted by the company. At 7 years into this generation, many predict that Sony, Microsoft, or both are primed for an E3 2013 reveal of next generation hardware.

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  • IHATEHIPSTERS

    next gen better have insane mental graphics otherwise im gonna be pissed. imagine if they came out with gtx 560’s…(shudder) they need a minimum of a gtx 690

  • Mr Hertz

    so i point my finger at Yves Guillemot , Ubisoft CEO for selling games like the content-support-storyline lacking driver SF, for the “not challenging – exploited story – 50x sequels” assassins creed franchise….

    hold on man… games are just fine now. or do you need another excuse to sell a lacking title for double the price just because its for the f*cking next generation??????

    back off and start making good stuff… and please stop pursuing EA´s way of work.

  • RROD$2PLAY

    I still love Assassins Creed but it does get annoying sometimes. Having to start from scratch on each game and build up my armor/weapons. Also the long drawn out storyline and having 3 games (2, brotherhood & revelations) that all almost feel the same.

    Ubisoft has milked Assassins Creed well and profited greatly from it. Annual releases and millions of sales on all platforms (except Nintendo) with almost no changes is proof enough of that.

  • RROD$2PLAY

    Also I still say I want a huge difference in PS3 to PS4. Not just higher frames per second

  • http://www.youtube.com/user/iamtheallmightywiz iamtheallmightywiz

    I like the thought of next gen systems using a GTX 690 graphics card, but something tells me it won’t happen :(

    Besides, weren’t there multiple rumors saying they were considering AMD’s Radeon 7000 series graphics cards?

  • jason

    I swear the reply button is broke on this site! They don’t need GTX690’s! If they used 560’s and had 8gb ram and there is no OS then it would run better than a Computer with the same specs! Not disagreeing with you “IHATEHIPSTERS” because the more the merrier :) If the rumors are true like the Xbox 720 having 2 CPU’s then that would be INSANE! But some of the rumors like today on IGN’s “PS4 will support 4k resolution” is Fucking retarded, since you cant tell 720p between 1080p unless your playing on a 37” or higher, In other words you would have to have an 80” screen to tell the difference! And the whole “I can run this game at 250fps!” is Bullshit as well since the average human can only see up to 65fps (hz) it is all about your “Pixel Refresh Rate” which higher HZ TV’s have higher refresh rates and make you think you are really seeing 240hz (fps) lol… just sayin ;) if you think i’m wrong then instead of doing research on it, just wave your hand in front of your face and watch the lag fest our brain endures while it tries to keep up!

  • tanveer

    they are using off the shelf parts for the next gen. Guys don’t ask for to much it wont happen, we as buyers dont want to spend another 500…

  • Allen

    I still say release day 720 and PS4 are gonna be $399 for intro model. Everyone I would hope have learned 3 huge things about this generation. (1) Release a reliable product (2) Release no higher than $399 (3) Innovation and backwards compatibility will be greatly rewarded.

    Sure we can’t go re-inventing motion gaming every generation but Nintendo was also really innovative as well just bringing in backwards compatibility.

  • IHATEHIPSTERS

    Yeah there are rumors of them using an AMD 6850 card but there needs to be a HUGE jump in graphics next gen and honestly people won’t upgrade unless there is. And as for 4k, not a chance. Besides, I can barely tell the difference when gaming between 1080p and 1440p. It’s pretty over hyped.

  • njb

    Tbh, if the 1st party devs carry on the way they are now then i see no problems. Il take a new ip, exclusives and constant developer support anyday.

  • ragglefraggle1

    This generation, I saved up money from birthdays & low rate jobs for my console. After all thes years of things not getting better, realeasing new consoles now would still be a shot in the foot. Sure, obsessive compulsive’s, parents who can’t say no & f&@king lottery winners will get them. But the averge joe on JSA or scamed out of winimum wage can’t. I think the market can wait.

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