Sony and Microsoft won't be debuting their new consoles at E3 2012, but Take-Two CEO Strauss Zelnick is fine with the longer console cycle for this generation.
"We're seeing some evidence of an ageing console cycle, which generally is a good thing for a company with very high quality titles, like Take-Two," Zelnick told MCV. "There is still ample opportunity in the market with the current generation, provided that you deliver the highest quality entertainment experiences - which we always aim to do."
"This year's schedule is probably the best in our history," he added.
That doesn't mean that Take-Two isn't ready for the next generation of gaming.
"Hardware transitions historically have created both challenges and opportunities for third-party publishers. In order to succeed, it seems to me that any company needs: talent, tech, IP, and a strong balance sheet. Take-Two has all four. As always, we'll need to make triple-A titles that delight consumers. Frankly, our creative folks will be thrilled to have an opportunity to do just that."