Consoles Going Extinct ?!?!?!

In a few years consoles will be a thing of the past?? What’s come to the world? this is the biggest news in years how that this be said as most household now has some kind of console, so then why is it that in a years the console will be extinct ? Richard Garriott said ’Consoles are doomed’. Consoles have come under increase pressure in recent years with high development cost and stiff competition from other new devices such as smart phones and tablets.

Richard Garriott –
"I think we might get one more generation, might, but I think fundamentally they're doomed," he told Industry Gamers. "I think fundamentally the power that you can carry with you in a portable is really swamping what we've thought of as a console."

Nintendo has already said they are going to release their new console Wii U next year, while its competitors, Play station/Xbox, are still in the development stages, as rumors circle around the net. But more and more in recent months, so i would think that that’s a sign that the announcement will come soon.