Next Xbox reveal at E3 2012 – report

Has been in development since 2006.

Another report claiming Microsoft will announce its next home console at E3 2012 has emerged.

According to a BGR.com source "with knowledge of Microsoft’s plans within the company’s Entertainment and Devices Division," Microsoft will unveil the next Xbox at June 2012's showcase game event.

The next Xbox has been in development since 2006, apparently. The Xbox 360 launched in 2005.

Crysis 2 developer Crytek believes an E3 2012 reveal is "likely", according to reports.

TimeSplitters 4, powered by CryEngine 3, is apparently in development for the new machine.

At E3 this month programming legend John Carmack told Eurogamer the next-generation of home consoles will be ten times as powerful as the Xbox 360 and the PlayStation 3.

In March new job listings suggested Microsoft was ramping up development of its next generation Xbox console. The evidence seemed to suggest that the system is so early in development that the graphics hardware at the very least hadn't been locked down.

"The next-generation will be here soon, a couple of years," Carmack told Eurogamer.

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