next generation will probably be slow going at first. i expect microsoft to bank heavily off the mainstream wave they've been riding for the last two+ years and hope that carries them above whatever advantages the ps4 has. however, while the price is an issue for microsoft- and $500 is firmly in the 'too damn expensive' category- the always online will really hurt them with this demographic. yeah, lots of families in america have internet, but we're talking about the sort of people that bought a kinect or a wii. are they going to buy a $500 console and hook it up to the internet themselves just to use it as an advanced tv remote controller? i'm not so sure anymore. this means, they're only left with the hardcore gamer, who hates their guts. i do not envy microsoft's position.
sony on the other hand, is looking better than before. unlike microsoft, they've been supporting their console over the last several years with a string of critically-acclaimed releases. ps3 sales have kept close to the xbox, despite never surpassing them. if the xbox one is the failure it's being heralded as, and the ps4 lives up to most expectations, it should do well early on. however, given sony's weakened state in the us compared to the ps2 era, i don't know how many new users will pay for a $400 console month after month. people are already expecting 6 months of the console selling out at retail and i have to wonder why. it's not like the ps2, which doubled as a dvd player. it's not the wii, which introduced a new way to play video games. there are good features with the share button and gaikai, but how much of that will be available at launch? and will the general public even care that much?
i'm not expecting the frenzied rush the ps2 or the wii saw with either of the coming consoles. i will probably be wrong. and while i do expect sellouts through christmas and january, i think things will stabilize right around march and april, with sales around 200k for the ps4 and less than that for the xbox one.
i think the people concerned about a crash expect a situation where neither console really sets the world on fire, and the ps4 just kinda does a ho-hum 150k or so a month.