And Michael Pachter's at it once more. What's he got to say this time around? This is the last console generation. Oh, I thought there was gonna be another one, especially after the debut of CryEngine 3 and it being next-gen ready. But am no analyst, so I could be wrong.

Speaking at the GamesBeat 2009 Games conference also happening in San Francisco, Pachter opined that Nintendo will likely upgrade the Wii sooner or later. Not too far-fetched considering the circulating rumors of a new Wii with HD plus plus as of late.

Here's the thing, though.According to him, there's no money for the console makers to invest in new consoles anymore, and the third party publishers won't be supportive of it any longer. If anything, it's probably gonna be just standard delivery platform.

"[Third party publishers] are not going to support a PS4 or Xbox 720," he said. "The content is not going to change in any meaningful ways because the publishers can't afford it.

However, Colin Sebastian, who also attended the event, was not entirely convinced of this painted scenario, saying that there will be another round of race to happen maybe in 2012. And he's got an ally in the form of David Cole, who said that by 2012, the PS3 will become the top console, thus forcing Microsoft and Nintendo to launch new consoles.

Despite these differing opinions, though, they did agree on one thing: that Sony won't be in a rush to launch a new console. Pachter predicts they'll probably get PS4 out not till "around 2015."

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Other Michael Pachter predictions:

• Pachter's crystal ball: GTA 5 by 2010, GTA 4 DLC to sell 2 million by year's end
• Analysts says YES! to price cut, Sony says NO!
• Pachter calls MMO gamers "addicts"