This classic chart :
http://www.hdforindies.com/2006/12/when-does-1080p-make-difference.html
4k would, I estimate, place its ideal viewing distance on a 40" TV at 2.5 feet away. A US sized TV of 60" would need you to sit about 4 feet away. Normal sized TVs are not going to give a better viewing experience at hgher resolutions above 1080p for normal viewing. This makes it a useless feature to chase, at considerable cost. Ergo it's not going to happen. HD managed to start selling to the masses because HD offered some observable upgrade, although lots still can't tell the difference. Trying to sell someone a new 4k TV which doesn't look any better is going to be a hard sell. Only when you are supplying massive screens/projections, will 4k be important, and that'll be a tiny niche. LG's 4k set shown at CES this year was 84". That wants a viewing distance of something like 5 or 6 feet to make the most of 4k. Viewed from 10 feet away, 84" is amply served by a 1080p display. It'll be great for public viewing, like in a shop window where people can get close and check out the detail, but it's a useless consumer specification that won't result in significant numbers of displays, won't find support in consumer goods (have you tried filming and editing home movies at 1080p? Do you really want to blow that many more resources on filming and editing 4k movies??), and so doesn't need to be targeted in consoles. For the tiny niche that will have massive display resolution, they'll be served by high-end PCs.