I've seen Xbox 720, PS4 says EA labels boss

EA Labels president Frank Gibeau claims to have seen next-gen consoles from Sony and Microsoft

The existence of the next-gen consoles from Sony and Microsoft has been confirmed by EA Labels president Frank Gibeau

EA Labels president Frank Gibeau has announced that he's seen the next-gen consoles from Sony and Microsoft, which analysts are currently referring to as the PS4 and Xbox 720 respectively.

Gibeau's remarks were made during a keynote at the Gamescom videogames expo in Cologne, in which he outlined his expectations from the games industry in the coming years.

Gaming website Gamespot.co.uk reports that Giibeau referred to both consoles in his speech, saying "I've seen both of them".

"Ten years ago we used to measure our market in terms of 200 million people," said Gibeau. "Now we are at a billion people playing games and we have a straight line view on 2 billion,"

In the same address, Gibeau also reaffirmed EA's commitment to the 'Free-To-Play' business model, saying, "Free to play will become the dominant pricing model by the end of the decade."

Gibeau's comments are the latest morsel of information in the ongoing drip-feed of news about next-gen consoles. Earlier this month, images of the next-gen Xbox's dev-kit were leaked on the internet, and later confirmed as genuine by games developers. The same source responsible for leaking the dev-kit images later posted an image on Twitter of what they claimed was a screenshot from the next-gen Kinect sensor interface.

Source: Gamespot