This is the extraordinary statement by Sandy Duncan, who is CEO of YoYo Games and also the person responsible for launching and overseeing the European Xbox business on behalf of Microsoft. Sandy Duncan’s quote is below:
"The industry is fundamentally driven by technology. I think dedicated games devices i.e. consoles (and handhelds) will die [out] in the next 5 to 10 years. The business model is very risky and the costs associated with creating new hardware are incredibly high."