Yes, absolutely. The console cycle (~6–8 years) is structural to the industry.
| Company | Current Gen | Next Gen Expectation | Evidence |
|---|---|---|---|
| Sony | PS5 (Nov 2020) | PS6 ~2027–2028 | Job listings (PS6 architecture), T239 Tegra leak, 7nm→3nm/2nm transition, Mark Cerny "console generations continue" (2023). |
| Microsoft | Xbox Series X|S (Nov 2020) | Next Xbox ~2027–2028 | FTC leaks (2023): "Next gen 2028", Hybrid cloud/client, ARM/x86 decision pending. Phil Spencer: "We'll make more consoles." |
| Nintendo | Switch (Mar 2017) | Switch 2 ~2025 | Bloomberg/Nikkei/Leaks: NVIDIA T239 (Ampere), 8GB/12GB LPDDR5, DLSS, 1080p/60 docked, 720p/60 handheld. BC with Switch. Announcement FY2024 (by Mar 2025). |
Bottom Line: **Switch 2 (2025), PS6 / Next Xbox (2027–2028).** Then likely cloud-hybrid. Consoles evolve, not vanish.