Microsoft Won't Talk Next Gen Xbox At E3 2012

There are many gamers out there eagerly anticipating the launch of the next generation Xbox console. As it is now we have a few tidbits that have surfaced about the console, but for the most part, we are in the dark on what it may be like. There has been some expectation of Microsoft talking about the next Xbox at E3 2012.

Microsoft has now said that it won't release the next-generation Xbox until 2013, at the earliest. Microsoft plans another robust sales year for the current console according to people familiar with Microsoft's plans. The first glimpse of the next Xbox, often referred to as the Xbox 720, won't come until E3 2013 at the earliest. There is no compelling reason for Microsoft to launch the next Xbox early right now.

Microsoft had a big sales year for the Xbox 360, which outsold both the Nintendo Wii and the PS3 in 2011. Microsoft's entertainment division, which includes the Xbox, posted a 45% sales gain in the past fiscal year to $8.91 billion with much of that attributed to the Xbox 360 and the Kinect sensor. The next Xbox is expected to come in two versions.

Microsoft spokesman David Dennis said, "There will be no talk of new Xbox hardware at E3 or anytime soon. For us, 2012 is all about Xbox 360."

[via Bloomberg]