Fishlabs CEO: iPad and other "mobile devices" will surpass Xbox 360 graphics in a year

Remember when you first booted up Tekken on your PlayStation One, and your eyes welled up with tears as you declared that graphics would never get any better than that? Remember when your PS2 - and even your itsy-bitsy PSP - none-too-gently booted your PS1 into the retirement home?

Well, according to mobile game dev Fishlabs CEO Michael Schade, the Xbox 360's about to receive some similarly stiff competition - from the iPad, of all things.

“I think you can expect some time next year to have rendering capabilities on mobile devices superior to the Xbox 360,” Schade said during a Develop session entitled “Mobile becomes Console” - a phrase some of you might remember from Mark Rein's pro-mobile comments last month.

“And I believe by the end of the year the ‘iDevices’ could have sold 120m copies, which puts them close to a par with the PS2’s 140m," he added.

Fishlabs has developed 'iDevice' games like Rally Master Pro, Gladiator, and Galaxy on Fire.

Powerful as Xbox 360, he says? Well then, break out the popcorn, folks, because it looks like we're in for a battle of the tiny titans. Taking all bets!

More through the link.