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Thread: No Xbox 720 Showcase for E3 2012

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    Default No Xbox 720 Showcase for E3 2012

    Microsoft won't be revealing Xbox 720 hardware at E3 2012

    Contrary to popular rumor, Microsoft isn’t planning to showcase their next generation Xbox gaming console at E3 2012. Company spokesperson David Dennis said Microsoft won’t discuss new Xbox hardware at this year’s show, leading two people with knowledge of the subject to speculate an E3 2013 reveal instead.

    Microsoft seems confident that they can coax another successful year out of the Xbox 360, and perhaps rightfully so after 2011 resulted in the best year of sales thus far for the console. Bloombergnotes that the company’s entertain division posted a 45 percent sales gain to close at $8.91 billion for the fiscal year ending in June. The 360 outsold both Nintendo and Sony in the gaming marketplace and even beat out other accessories like DVD players and home theater systems, according to Microsoft.

    Aside from pleasing anxious gamers with a new system, there’s really no reason for Microsoft to introduce next generation hardware this year. Redmond isn’t feeling pressure from other manufacturers to rush a console out the door and the Kinect motion sensing accessory is leading the way for a whole new breed of games.

    Furthermore, it’s public knowledge that most consoles aren’t profitable within the first few years after release. Michael Pachter, an analyst for Wedbush Securities, estimates that Microsoft is banking around $115 from each $300 Xbox 360 console sold. Passing up on guaranteed profit like that wouldn’t be in Microsoft’s best interest.

    Source

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    2014 release...logical.... close to 10 year cycle....
    People should stop blaming games for allegedly *copying* each other: "oh this game is Skyrim copy", "this game is WoW knock off", "this game is just another DMC" - enough!

    On this rate every 3rd person action will be God of War, every 3rd p shooter Gears, every 1st will be CoD.. it's ridiculous. They are called genres people! And if you look carefully you'll see allot more than mimicry out there.

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    Q4 2013. Rest assure.

    Like my Facebook page Gaming Newz for new gaming news updates.

    My Facebook Twitter YouTube Steam

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    Good thing to know i still got more than a year with my xbox

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    me to hahaha

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    Reveals at 2013, releases at 2014, xbox 360 extinction begins at 2015.

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    extinction???the end of xbox 360???



    ​SAHEEL PRANTO!!

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