It has now been confirmed by an employee within Microsoft's entertainment division, that the company intends to unveil details of the next Xbox, at next year's E3 conference. The date choice makes sense given that E3 is the gaming industry's biggest annual event. We at Neowin should stress that we can not confirm this information at this time.
Earlier this month, Neowin covered a rumour that we would be seeing the next Xbox at E3 2012, and it has now been confirmed after a source informed BGR of Microsoft's plans for next year. The news source also briefly touched on the fact that the company had been working on the next generation of Xbox since 2006, but didn't have information regarding the launch schedule for the upcoming gaming console.
There are no real details as to what the features of the new Xbox will provide to gamers, however Microsoft have pushed for better integration with its other platforms, particularly since details of Windows 8 were released. From speculation, better accessibility for the Windows operating system and Windows Phone will be one of the console's promoted features.
Microsoft was somewhat originally late in the race for supplying gaming consoles to consumers, but the company has been able to successfully promote the console to be a big contender with the PlayStation and Nintendo. Indeed the total amount of consoles shipped worldwide of the Xbox is beyond that of the PS3. This might have been helped however, by the regular hardware updates to the platform, more recently the Xbox Kinect.
Image Source: consolepress.com