Microsoft Corp. has eliminated nearly the last shred of doubt that it will release a new Xbox video game console later this year, and the big question is whether gamers will keep on gaming with the current console or start saving for a new version.
Microsoft will take the wraps off the console code-named "Xenon" on May 12 and May 13 in a series of global specials on entertainment channel MTV. The following week the company will give more details in a news conference at the industry trade show E3 in Los Angeles.
And if anyone still doubted that a new console was coming, top publisher Electronic Arts Inc. said Monday it was in development on a new "Need for Speed" game for "a next generation console" as well as all the current boxes.
Assuming that Sony Corp. and Nintendo Co. Ltd. do not release their new consoles this year -- and there is no indication that they will -- Microsoft would get a valuable head start on its competition. ...more at Reuters