Sony recently unveiled the PlayStation 4 and several sources now claim to know that Microsoft plans to unveil the next-generation Xbox at an event in May. To be more precise; May 21st.

New Xbox to be unveiled in May
Sources say that Microsoft originally planned to reveal the “Xbox 720” in late April but that the unveiling has been pushed back to May. May 21st is the tentative date for now.


One publication claimed to have reproduced this picture of the new Xbox based on plausible indications but we remain skeptical
 
The next-generation Xbox goes by the codename Durango and is expected to be more powerful to enable next-generation gaming. Previous rumors have also circled around a new version of the Kinect motion sensor that will be more accurate. The new Xbox is allegedly built on the Windows 8 core in order to utilize the advantages of cross-platform devices. An earlier rumor said that Microsoft is also working on display glasses. However, they are not expected to be ready when the Xbox launches.

Microsoft will reveal the first details on the new Xbox at the event on May 21st and disclose full details later in June at the E3 conference. Microsoft’s plan is to start selling the Xbox later this year.

What do you hope to see in the new Xbox?

- Source: Paul Thurrott & The Verge