In an interview Paul Thurrott, writer for Supersite for Windows, said Microsoft earlier planned of announcing the new console, codenamed as Durango, on April 24, but re-plans to announced at an event on May 21.
According to The Verge, the May 21 event will be small and Microsoft will only be sharing few first details. Sources of the blog claims the unveiling of the console may take place in June at the E3 event in Los Angeles.
Thurrott further added the new Xbox console will be less expensive than the current version. It may cost $500 and $300 for the regular console and subscription-based model respectively.
It is also learned from sources the Durango console will need connection always, probably Internet connection. Moreover, the console may be released by early November this year, probably in time to lure the holiday shoppers.





















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