We all have known this was coming for a while now–the current generation of consoles is over 7 years old (the Xbox 360 originally launched in November of 2005) and many believe a new console generation is long overdue.  According to Polygon, the next PlayStation game console will be officially unveiled this month.  Microsoft, however, plans to unveil their next console in the spring.  Both platforms are expected to launch this holiday season.

A PlayStation meeting is scheduled for February 20 and will highlight the future of Sony’s PlayStation brand.

Source:  Polygon