Press invitations have been received by reporters for the reveal of the newest Xbox. The console will be introduced to press on May 21st in Redmond, Washington, at Microsoft’s Xbox Campus.
Rumor has it the new Xbox will be called, well, Xbox, and that it will be available this coming November. Other unconfirmed details include prices, with top end devices asking a whopping half thou and the cheapest competing with the 360 at $99. It is also believed that the new Xbox will not work unless it has an internet connection and that it will not be backwards compatible.
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Source: NBC News