The report "Game Consoles 2004: Waiting for the Next Generation", from high-tech market research firm In-Stat/MDR, expects the Xbox successor to arrive in late 2005.

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The first next-generation console should hit the market in the fourth quarter of 2005 with the introduction of Microsoft's Xbox 2.

In-Stat/MDR also informs about Sony's plans and how Nintendo fits in the middle:

Sony, however, is not likely to give Microsoft too much lead time before launching its PS3 console, which should occur by mid-2006. Nintendo will try to launch its next-generation GameCube 2 console either before, or simultaneously with Sony, which Nintendo considers to be its primary competition.

The report also includes a five-year shipment and revenue forecast for each current generation console broken down by region and shipment and revenue forecasts for the next generation of consoles through 2008. There is also an annual forecast for online console gaming subscribers through 2008.