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Microsoft was intending to unveil the new Xbox during E3, but according to a BGR source it won't happen. Microsoft has stated "We can confirm that there will be no talk of new Xbox hardware at E3 or anytime soon." An insider called "MS Nerd" with a good history of leaking information about Microsoft, says that Microsoft is working on two Xbox consoles to be launched in the next few years.

"My understanding is that we’ll see a Xbox device in late 2013 which does Arcade-style games & all the current & future media apps with Kinect (with near-mode)," MS Nerd wrote on Reddit. They went on to say "It will be an ARM-based platform price-competitive with the Apple TV (if you own a Kinect already)."

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The Rock
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The Rock
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