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Xbox 720 Reportedly Due For 2013 Holiday Debut

By - Source: Bloomberg | B 43 comments

Reveal likely to occur during E3 in June.

The long-awaited successor of Microsoft's Xbox 360 could be preparing itself for a holiday 2013 launch.

According to "people familiar with the company's plans" who spoke with Bloomberg, Microsoft is planning to launch the Xbox 720 in time for Thanksgiving and Christmas next year.

The majority of speculation pertaining to the rumored next-generation console has referred to an E3 2012 reveal during June. Other sources have indicated that Microsoft will announce it at a separate event.

The source of Bloomberg didn't want to reveal their identify due to the fact that the information is purportedly based on a confidential Microsoft road map.

Earlier in the year, an all-but-confirmed leaked 56-page document detailed the Xbox 720 itself. The next-generation console is said to offer features such as a Blu-ray drive and the next version of Kinect, with a retail price apparently being set at $299.

The document leak was then pulled by a law firm who lists Microsoft as one of its clients. The latter then responded to the leak by not denying it, buy instead stressing the firm is "continually thinking about the future of the platform".

A holiday release for the Xbox 720 would make sense if the Xbox 360's commercial success during Black Friday is anything to go by. The platform sold 800,000 units last Friday, while total sales during the week of Black Friday equaled 960,000.

 

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Top Comments
  • 22 Hide
    A Bad Day , December 1, 2012 1:23 AM
    Quote:
    The next-generation console is said to offer features such as a Blu-ray drive and the next version of Kinect, with a retail price apparently being set at $299


    And what would be the price of the games to subsidize the 720's price?
  • 10 Hide
    beardguy , December 1, 2012 1:26 AM
    2013 Holiday!

    Launch that shit already. Seriously I'm excited, but this console is way overdue.
Other Comments
  • 22 Hide
    A Bad Day , December 1, 2012 1:23 AM
    Quote:
    The next-generation console is said to offer features such as a Blu-ray drive and the next version of Kinect, with a retail price apparently being set at $299


    And what would be the price of the games to subsidize the 720's price?
  • Display all 43 comments.
  • 10 Hide
    beardguy , December 1, 2012 1:26 AM
    2013 Holiday!

    Launch that shit already. Seriously I'm excited, but this console is way overdue.
  • 7 Hide
    A Bad Day , December 1, 2012 1:31 AM
    otacon72The games are going to cost the same genius.


    There is no way MS could launch Xbox at that low price based on the components it has. And traditionally, console games tend to be more expensive than PC games, despite the fact that a lot more console games are ported to PC than the other way around.

    Care to explain why?
  • 9 Hide
    bison88 , December 1, 2012 1:34 AM
    A Bad DayAnd what would be the price of the games to subsidize the 720's price?



    Doesn't Microsoft already do that making something like $5 per game sold? I don't see why there would be any change.
  • 7 Hide
    JOSHSKORN , December 1, 2012 1:56 AM
    $299 has to be a misprint. But hey, if that's the real deal, I'm buyin' it. Then again, there could be different models with different hard drive capacities. The $299 model might not be all that good when you look at the overall potential of the new console.
  • -1 Hide
    A Bad Day , December 1, 2012 2:01 AM
    bison88Doesn't Microsoft already do that making something like $5 per game sold? I don't see why there would be any change.


    And when the developers have to pay a licensing fee of $5 per game, what makes you think they won't try to increase the price to recover the loss?
  • -3 Hide
    Rscpa7 , December 1, 2012 2:04 AM
    Thats nice, I'll keep my computer for gaming before I buy a crappy console.
  • -4 Hide
    dudewitbow , December 1, 2012 2:04 AM
    299$ is way to low to be much of a step for microsoft(meaning hardware will only be slightly better at this price, only to support basic 1080p, like the wiiu does), unless they have something else in plan
  • 4 Hide
    Anonymous , December 1, 2012 2:06 AM
    Supply and demand and you price games at what the market will pay for.. Money isn't made from the hardware / console.. it's from the content .. games, subscriptions, licencing etc etc etc.. buy and xbox for 300 dollars and subscribe for the next five years , plus points etc etc.. cha ching
  • 3 Hide
    DRosencraft , December 1, 2012 2:07 AM
    Although the price of games have increased with the release of each new generation, looking at this launch price is not a good indication of if or what the price for games will be. They have two challenges to meet. One, they have to be able to make a profit for everyone involved - that should be obvious. But two, they have to keep games at a reasonably acceptable price range. Not saying the current price is all that great, but when these prices were set the power of the internet was not what it is today, which is to say, that there would be some very loud and angry complaints (think Win8 hate dialed up a notch or two).

    I say don't try to hard to tie that price tag of $299 for the console to any guess at game prices just yet. By the time the Xbox 720 is in actual production the price of its components will be down some. Not to mention that as it stands the components aren't exactly bank-busting. $299 is about the cost of the PS3 right now, and part of the reason for that is because they've sold that at a loss for most of its lifetime.

    Finally, I expect that, given the fact that the PS3 launched at $600 last generation, they probably would use that for some cover to up the price of the console a bit from $300 to avoid having to do the same of the game side. $400 for a console sounds a lot better than $70 or $75 for a game. The fact that the WiiU, and its reputation as being the less "hardcore" of the big 3 consoles, is already priced at about $300, that gives MSFT a little more cover to price the 720 console at a bit higher price than $299.
  • 7 Hide
    aggroboy , December 1, 2012 2:07 AM
    JOSHSKORN$299 has to be a misprint. But hey, if that's the real deal, I'm buyin' it. Then again, there could be different models with different hard drive capacities. The $299 model might not be all that good when you look at the overall potential of the new console.

    They did it before anyways, like you said Microsoft will probably omit a lot of features (such as HDD and BC) from the $299 version. Microsoft is more than financially capable of selling each machine at a substantial loss, and it was hinted to be a 6x performance upgrade.
  • -1 Hide
    fuzzion , December 1, 2012 2:20 AM

    I have tried,Got

    The ps2,ps3,xbox and wii. But i cant stop loving my PC.

  • 5 Hide
    kinggraves , December 1, 2012 2:53 AM
    drosencraftAlthough the price of games have increased with the release of each new generation, looking at this launch price is not a good indication of if or what the price for games will be.


    I actually have been playing games for a long time and remember back in the old days, some SNES games sold as new releases for up to $70, especially the FX chip ones. If games have gone up at all, I'm going to go with the game industry's response. 20 years ago they did not have to deal with piracy being common, emulation, or the enormous price of "blockbuster" AAA titles. A lot of companies are going bankrupt in the industry, like THQ.

    With that being said, they cannot charge significantly more than everyone else for their games and expect to get away with it. Competitive pricing. XBox 720 games will be ~$60, because that is the common price for everyone else and has been for a long time.

    So why the low price? Have you people been listening at all? Microsoft has already made it clear they are NOT going with power for the 720. It's going to be another Win8 ecosystem device that just so happens to play games. I know they claimed 6x the power or whatever, but guess what? Nintendo said it would blow XBox out of the water too. These companies overexaggerate. Microsoft is not going after the Playstation next generation, it's going after the Wii U. It's going to put out a cheap system that uses tablets using SmartGlass. Who would you rather emulate, the company that made the most last gen, or the company that has one foot in the grave? Putting out a system for $500 would be pointless considering how much you could get out of a PC for that price.
  • 3 Hide
    belardo , December 1, 2012 3:04 AM
    The $300 price point of the Xbox 2013/720/2/whatever would be like the Wii-U, but sold at a loss. Look at the Wii-U, its a $300 console with a tablet device and a HD-DVD-like discs (bet it was cheap IP since it has no value). Nintendo is making some money off the Wii-U.

    At $300, it would include the "CORE" model. No HD, No Kinetics. Adding those would bring the price up to $500 easy.

    We have a PS2 in our home, thinking about getting the PS3... but we are realistically looking at waiting for the $500 PS4 to come out instead... hopefully it will include PS3 compatibility. The PS3 is already down to $240... I wouldn't be surprised if its $180 next Christmas.
  • 1 Hide
    frankpakdmys , December 1, 2012 3:21 AM
    Yea umm I'm sticking with PC.
  • 3 Hide
    slabbo , December 1, 2012 3:25 AM
    Like everyone speculated, the difference between next gen consoles are going to be very very close. MS isn't going to risk putting in expensive cutting edge tech for 4K tv's when no one is going to have them for another 4 years or so. People are still getting settled with their 1080p sets.

    So this time around it's going to be about getting the one with the exclusives they like to play. Also, since this is the Xbox, it's going to depend if people are willing to pay a subscription fee to activate the full potential of their console like Netflix, online play, etc... which I in no way plan to do because I already have a strong PC and the other consoles already offer it for free.

    For now I'm going to stick to PC and a Wii U. Unless there's something only on Xbox or the new Playstation that is a must play. But if MS does offer expensive cutting edge tech for that $299 price point, then be prepared to be locked into a multi-year online subscription service to subsidize that price.
  • 3 Hide
    SteelCity1981 , December 1, 2012 3:42 AM
    Can't wait fast enough for this.
  • 1 Hide
    Gundam288 , December 1, 2012 3:47 AM
    I could see the next Xbox selling for around $300 given that Blu-ray has gotten cheaper over the years and that people have less money this time around given the current state of the economy.

    Would it be sold for a loss? yes. Will they make tons of money? More than likely given Xbox's track record and the fact that the low price will help people who didn't want to spend $500ish on a new console buy it for $300ish instead.


    As it was stated before, buying a console for around $500 is pretty much crazy at this point given how cheap PCs are and then add in that MS is also pushing Windows 8 right now and you can see why they dropped it to $300.
  • 2 Hide
    hakesterman , December 1, 2012 3:52 AM
    The First launch Titles will be 69.99 to test the Market, once they realize that is not
    realistic, they will mark them down to & 59.99.
  • -1 Hide
    hakesterman , December 1, 2012 3:55 AM
    The Console will probably be 399.99 for the basic Model and 499.99 for the mid range model and 599.99 for the Premium Edition.
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