After Sony revealing that they are planning the PS4 and Nintendo are obviously developing the Wii 2, its not really a surprise that Microsoft have also said they are working on the next Xbox too.
Although the Xbox 720 is a obvious new name for the next console, they have said that this is only a "Pet Name" and might not be the final console.
Its a long article but Microsofts plans are that they plan to annouce the new Xbox at E3 2012 or near abouts.
Xbox 720 Mockups
[video=youtube]http://www.youtube.com/watch?v=LeuL91GD_9A[/video]
Full Article: http://www.videogamesblogger.com/20...aunch-in-2011-2012-according-to-microsoft.htm
Although the Xbox 720 is a obvious new name for the next console, they have said that this is only a "Pet Name" and might not be the final console.
Its a long article but Microsofts plans are that they plan to annouce the new Xbox at E3 2012 or near abouts.
Xbox 720 Mockups
[video=youtube]http://www.youtube.com/watch?v=LeuL91GD_9A[/video]
Full Article: http://www.videogamesblogger.com/20...aunch-in-2011-2012-according-to-microsoft.htm