Oculus Rift probably isn't going to happen on Xbox One, PS4

The Oculus Rift has captured a fair amount of attention for its ability to help immerse its users in fictional worlds, but it seems that Xbox One and PlayStation 4 owners won't be part of its audience.

"Consoles are too limited for what we want to do," Oculus Rift inventor Palmer Luckey told TechRadar. "We're trying to make the best virtual reality device in the world and we want to continue to innovate and upgrade every year - continue making progress internally - and whenever we make big jumps we want to push that to the public."

There is currently a single model of the device planned for consumers that will be compatible with Android devices and PCs. The device's parent company, Oculus VR, recently recruited Doom programmer John Carmack as its Chief Technology Officer and is planning to release the Oculus Rift sometime next year.