[Adorapuff]

The next edition of Microsoft's Xbox could be ready for the holidays -- the 2013 holidays, that is.
Microsoft is aiming to launch the Xbox 720 in time for Thanksgiving and Christmas of next year, "people familiar with the company's plans" told Bloomberg yesterday.
The software giant could unveil the next Xbox at the E3 show in June or at a separate event specifically geared toward the console, one of the sources said. The people providing this tidbit to Bloomberg didn't want to identify themselves since the information is reportedly based on a confidential Microsoft road map.
Microsoft Xbox spokesman David Dennis declined to comment to Bloomberg.
A Microsoft spokeswoman didn't offer any direct comment to CNET about the Bloomberg story, instead sending us the following statement:
Xbox 360 has found new ways to extend the console lifecycle by introducing controller-free experiences with Kinect and re-inventing the console with a new dashboard and new entertainment content partnerships. We are always thinking about what is next for our platform and how to continue to defy the lifecycle convention.
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Microsoft has yet to spill any details about a next-generation Xbox. But reports from such sources as Xbox World say the 720 will come with a host of new features, including Kinect 2.0, a Blu-ray drive, an enhanced controller, and an A/V port for watching and recording broadcast TV shows.
The Xbox 360 has been a dominant player in the U.S. video game market.
Among all consoles, the Xbox was the top seller in October for the 15th month in a row, according to recent data from NPD. Microsoft sold 270,000 Xbox 360 units last month, winning the company a 56 percent share of all U.S. console sales. During Black Friday week, Xbox 360 sales reached 750,000 units, outpacing Microsoft's own forecast. But the company hasn't been immune to the dour video game market.
Monthly Xbox 360 sales have been on the decline, both in the U.S. and globally. For 2012 thus far, Microsoft sold only a bit more than 4 million consoles worldwide.
And the company faces growing competition from another major industry player.
Sony recently announced that as of November 4 it had sold 70 million PlayStation 3 consoles worldwide since the console launched in 2006. Earlier, Microsoft revealed that as of September 30 it had sold 70 million Xbox 360 consoles around the world. The Xbox 360 debuted in 2005, a year before the birth of the PS3.

- http://news.cnet.com/8301-10805_3-575563...port-says/
I personally am very excited for the new console. In my opinion it is about time they release a new system.

[Nefarious]

I've been waiting for , I can't wait for the 360 games to get cheaper.

[Xeronations]

It's about time that they announced this. The next PS console was just announced a little while ago as well. Is 720 the codename for the console, or is it actually the name?

[The High Roller]

Saw this but I am not too interested in the xbox, more like the new kinect.

[Anonymous]

LOL here we go...Next thing you know, xbox 360 and ps3 will be out dated in no time now. I cant wait to see the system with a bult in cam.

[Xeronations]

I wonder how many generations are going to need to go by before we get virtual reality gaming

[Anonymous]

I wonder how many generations are going to need to go by before we get virtual reality gaming

DUDE! That would be soo awesome, but I might be dead by time something like that gets out.

[The High Roller]

I wonder how many generations are going to need to go by before we get virtual reality gaming

DUDE! That would be soo awesome, but I might be dead by time something like that gets out.

Man that would be so cool and kids will think its not cool.

[Anonymous]

I wonder how many generations are going to need to go by before we get virtual reality gaming

DUDE! That would be soo awesome, but I might be dead by time something like that gets out.

Man that would be so cool and kids will think its not cool.

I know right? Its like kick the can for the elders to us, and like an Xbox for them.

[Xeronations]

The most interesting gaming concept that is available at the moment is augmented reality gaming. I'm sure we'll see virtual reality at some point in our lives though.