Sony PlayStation 4 Microsoft Xbox One Steam
Composite image of the Sony PlayStation 4 (left), Microsoft Xbox One (right) and Valve Software's Steam Machine graphic Sony/Microsoft/Valve

This week on The Roundup, we discuss the meaning (or lack thereof) of the PS4 and XB1 sales records, and what they mean for the future of the video game industry. It’s far too early in the competition to call anyone king, though if last generation’s sales figures are any indication, Microsoft and Sony are going to have a bear of a time competing with Nintendo, whose console outsold them by 20 million systems each.

Game developers will still produce and push games for the PS3 and Xbox 360 for another year or so, so latecomers won’t be stuck with their current game libraries. Some games will be released exclusively for the new machines, but many will also be released on their predecessors (for example, launch titles like "Assassin’s Creed: Black Flag" and the upcoming Sony racing simulation, "Gran Turismo 6"). Time will tell who comes out on top, but don’t count Nintendo out. Its recent price cut positions the WiiU bundle at half the cost of an Xbox One. Check back next time for a new episode of The Roundup, and please leave your thoughts and comments below and on Twitter @IBTimesTV.