Next Xbox Seen at 2013 Holidays

Microsoft will release the successor to the Xbox 360 in time for the holidays next year, Bloomberg News reported Thursday.

The report, which cited unnamed “people familiar with the company’s plans,” said Microsoft has not yet determined when to unveil the new console.

The next Xbox will join Nintendo’s Wii U in the current generation of gaming consoles. Sony is said to be readying a PlayStation update as well.

Related Content