According to Bloomberg, Microsoft’s Xbox Durango won’t be released until 2013 and will debut at the E3 2013
Bloomberg report that the next Xbox won’t be launching until 2013, but will launch in the same year
E3 2012, or no E3 2012? That’s the question when it comes to whether Microsoft will show off their next Xbox this year. Recent rumours have suggested that Microsoft, despite saying otherwise, will show if off at the Electronic Entertainment Expo. However, Bloomberg are falling in line with what Microsoft have said publicly by reporting we will not see the console until 2013 at the earliest.
According to “two sources familiar with the matter,” Microsoft is planning to reveal the next Xbox in June 2013 and put in on sale in that year. The company is looking to “squeeze out” one or two years more from the current Xbox, a suggestion backed up by Microsoft themselves.
The Xbox 360 continues to be strong, with Kinect – Microsoft’s motion-sensing technology – fuelling sales in the winter of 2011. As suggested many a time, Microsoft still has big titles such as Borderlands 2 and another Call of Duty title launching this year. Launching, or even showing, off a new Xbox this year could prevent people from buying games knowing that a new console is on the way.
Michael Pachter, analyst at Wedbush Securities, said “They’re still selling Xbox 360s, and they’re making a lot of money.” He also said that he estimates the company is making a $115 profit on a $300 Xbox 360, so there’s no rush for another Xbox which would probably be more expensive and less profitable in the short term at least.
In terms of timing the next Xbox’s launch, Pachter estimated between 2013 and 2014. He said that Microsoft will probably look at “competitive pressure and sales to determine timing.”
He also estimates Sony will release their next PlayStation around the same time as when Microsoft goes next-gen, leaving Nintendo as the only console manufacturer releasing a new console this year.
No new Xbox this year
David Dennis, head of public relations, diffused the rounds of rumours pointing towards a 2013 next-gen Xbox reveal: “there will be no talk of new Xbox hardware at E3 or anytime soon.” However, he didn’t rule out a reveal next year.