It has been reported that insiders at Microsoft have stated that the successor to Microsoft’s Xbox 360, dubbed the “Xbox 720”, will be out by the holiday season of next year. In time for Thanksgiving and Christmas, apparently.
Additionally, Microsoft is still unsure as to whether or nor t showcase the console at E3 next year, or whether they should do so at a private event.
This announcement comes as Xbox 360 system sale numbers are declining, the report continues.
Microsoft have declined to comment on the leak.