Microsoft's next-gen Xbox console is expected to launch ahead of the 2013 holiday season, according to sources, who also echo earlier claims that it will be announced in the middle of next year.
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A recent interview with a Microsoft team member concerning the "new Xbox" actually referred to the next Xbox dashboard update, rather than a new console, according to Microsoft.
This 3D (Dirty's Digital Diatribes) editorial is fairly straightforward... I predict the new Xbox, whatever it may be called, will be announced before years end and furthermore will be available sometime (probably second-half*) in 2010....