New Xbox to be unveiled at E3 2012?

New rumor says that Microsoft is releasing a new next-generation Xbox at the E3 2012.

Jun 15 2011, 1:19am CDT | by Luigi Lugmayr

The E3 2011 is just behind us and brought us word about the next generation Wii, dubbed Wii U and the new Sony PS Vita. New rumors say that Microsoft is gearing up for a new Xbox console to be unveiled at the E3 2012.
VideoGamer reports that game developer Crytek is already working on a title for the 2012 Xbox.
Details are still scarce, but the basis for game development for the new Xbox is DirectX 11. Crytek is supposed to have implemented their game TimeSplitters 4 to leverage the new DX11 features.

WinRumors also mentions a rumor that says EA got already a new Xbox in-house.

More graphics performance will not be all that a new Xbox would offer. I think it is still very early days for the new Xbox. The current Xbox 360 is selling still very well. The Xbox 360 outsold the Wii and the PS3 last month in the United States. Overall Microsoft sold 55 million Xbox 360 consoles over the last seven years. The introduction of Kinect refreshed the interest in the Xbox 360 again. This drive will likely hold up through the crucial holiday quarter.

Whatever the new Xbox will be, just do not call it Xbox 720.

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New Xbox to be unveiled at E3 2012?

Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.