Microsoft may be releasing the next gen XBox 720 console in December 2013. There have been speculations that Microsoft will release this information at E3 2013 in summer and do a release after.
Xbox World Magazine previously revealed Microsoft’s next gen console XBox 720. The new console will feature augmented reality headsets, innovative controller, blu-ray discs, directional sound and the next version of the Kinect 2.0. It will also have CPU that features four hardware cores, each divided into four logical cores.