Pachter: Next Console Cycle Could Arrive In 2019

"Given that the current-gen systems often struggle to run games at a steady 30 frames per second at 1080p and the rise of 4K televisions and stuff like VR, do you see this generation of consoles lasting as long as the PS3/Xbox 360 generation (7-8 years)."

"I would be surprised if we had a next-gen console in 2018; we might have one in 2019, so I think 6 years is likely. We will have one by 2020, so I think seven years is a lock. So, lasting as long, probably not, but lasting longer than five years, probably so."

And it will support 4K:

"So, once everybody has a 4K T.V. I think that's when you get a console cycle where you actually make things that are in 4K."