Microsoft planning on revealing the next Xbox in May

According to IGN, Microsoft has just confirmed that they will be unveiling the next generationof Xbox, codenamed Durango and Xbox 720, on tuesday, May 21. The reveal will take place at Redmond College in Washington.

Microsoft stated that the event will just give people a brief look of what is to come. As for game announcements, Microsoft will be waiting until June for the E3 event to showcase their games.

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