Xbox 720 to be ‘Very Hot, Compelling Device’ According to GameStop CEO

According to GameStop CEO Paul Raines the next console by Microsoft will be a ‘very hot, compelling device.’

This is what he said while speaking to Games Industry International:

We’ve been spending a lot of time with Microsoft, but we have to let them take the lead on this, but it will be a very hot, compelling device.
They are doing some really cool stuff, and I’m eager to hear them start their announcements because I think the world is going to stand up and take notice.

Furthermore, he also stated that there is much demand for next gen consoles among the gamers and people who believe that console gaming era will come to an end soon are wrong.

We don’t subscribe to that. The cool thing with GameStop is, we’ve got a lot of gamers here and we’ve got a lot of people [on the team] who’ve seen every console cycle. And what’s interesting to me – I was talking to one of our founders, Dan DeMatteo, and he was telling me every console cycle you get people who will say ‘there will never be another console,’ or ‘what else can the consoles do?’ And we just believe it’s a cycle and we just haven’t had a new product in so long. But we certainly don’t believe that the new consoles won’t be as exciting. There’s a lot of demand for PS4, and I think there will be for the next Xbox as well, once it’s announced.

Microsoft is expected to reveal its new console by the end of this month.

You can read the full interview at GameIndustry Biz.