Microsoft (MSFT) will release the next Xbox in 2013 "at the earliest," claim Bloomberg's...

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

Microsoft (MSFT) will release the next Xbox in 2013 "at the earliest," claim Bloomberg's sources, backing up earlier reports (I, II). However, it's suggested Microsoft may showcase its next-gen console at June's E3 2012 convention. The Xbox 360's leading market position, bolstered by the Kinect's popularity, makes it easier for Microsoft to bide its time.