Next Generation Xbox Rumors

The next Xbox is still well over a year away but the rumors have been already flying for quite some time. Gizmowatch has put together all of the major rumors that have been flying around the internet just in case you want to get excited about a product that you won't be able to get your hands on until the rumored release date of Q4 2013.

Some call it Durango, some call it Loop; however, we would just stick with plain ole progression of numbers by calling Microsoft's next generation console: Xbox 720. Now in this regard, we did harp about how the console gaming industry is going through a favorable phase, with figures alluding to a $34.7 billion market by end of 2012. And, what's better than to ride upon this commercial crest by releasing a state-of-the-art console system. Well, if credible rumors are anything to go by, then Microsoft will be doing that by Christmas of next year. And, even if that's a long time off (especially for an ardent gamer), we did salvage some foreseeable features expected from this futuristic device.