Top Rumors About Microsoft’s Next Xbox

by Nate Wooley | April 8, 2013 12:50 pm

Xbox Top Rumors About Microsoft's Next Xbox[1]Rumors are swirling that Microsoft (NASDAQ:MSFT[2]) will announce the next-gen Xbox at a May 21 event.

The event — originally planned for April and then pushed back a month — is planned to be a small happening, reports CNet[3].

Windows blogger Paul Thurrott says the event will focus on the new console. Code-named ‚ÄúDurango,” Thurrott says the system will cost $500 for the standard console and $300 for a subscription-based version. Thurrott also confirmed that the console will require a constant Internet connection to function.

The rumors hint that the console — which is set to be revealed at June’s Electronic Entertainment Expo — will hit the market for the upcoming Christmas selling season. Along with the new console, there are rumors that the Xbox 360 will be redesigned and sold as a $99 entertainment console to compete with Roku and other devices.

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Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/12/Xbox.jpg
  2. MSFT: http://studio-5.financialcontent.com/investplace/quote?Symbol=MSFT
  3. reports CNet: http://news.cnet.com/8301-10805_3-57578387-75/microsoft-may-announce-next-generation-of-xbox-on-may-21/
  4. Stadium Installs Hands-Free Video Games in Urinals: http://investorplace.com/2013/03/stadium-installs-hands-free-video-games-in-urinals/
  5. Disney Stops Making Star Wars Games: http://investorplace.com/2013/04/disney-stops-making-star-wars-games/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+InvestorPlace+%28InvestorPlace%29
  6. Fans Wowed by ‘Grand Theft Auto V’ Images: http://investorplace.com/2013/03/fans-wowed-by-grand-theft-auto-v-images/

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