Microsoft to reveal next-generation Xbox on May 21

SAN FRANCISCO Wed Apr 24, 2013 2:16pm EDT

Jesse Grant plays a 3D Star Wars game on the Kinect for Xbox 360 gaming console during the 2012 International Consumer Electronics Show (CES) in Las Vegas, Nevada, January 12, 2012. REUTERS/Steve Marcus

Jesse Grant plays a 3D Star Wars game on the Kinect for Xbox 360 gaming console during the 2012 International Consumer Electronics Show (CES) in Las Vegas, Nevada, January 12, 2012.

Credit: Reuters/Steve Marcus

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SAN FRANCISCO (Reuters) - Microsoft Corp will unveil its much-anticipated next-generation Xbox on May 21 following months of speculation the company is gearing up to announce a new video game console this summer.

The company sent out media invitations on Wednesday, hinting it would be announcing the successor to its seven-year old Xbox 360. A new console from the software company will come on the heels of rival Sony's announcement in February that it will launch the PlayStation4 this holiday season.

Microsoft's May event will be held at its Xbox campus in Redmond, Washington, just a month before the Electronic Entertainment Expo (E3) in Los Angeles, the gaming industry's largest annual convention, where next-generation consoles will be spotlighted.

"On May 21, we'll mark the beginning of a new generation of games, TV and entertainment," the company said on its official blog.

The Xbox 360 is the market-leading console that has an installed user base of 76 million. Gaming blogs have been afire with speculation about what features a next-generation console might offer, but Microsoft has been tight-lipped so far.

The current version of the Xbox sports voice- and gesture-command capabilities.

Shares in Microsoft were up 3.1 percent at $31.53 in the afternoon.

(Reporting By Malathi Nayak; Editing by Kenneth Barry)

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Comments (1)
XDC wrote:
Not interested in Kinect whatsoever. My body just can’t move like that anymore and being as Kinect is mandatory, that is my 1st big turn off. 2nd turn off is ‘always online’ There may be other turn offs for me but those will be cleared up on May 21

Apr 24, 2013 8:25pm EDT  --  Report as abuse
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