Microsoft rumored to annouce the next Xbox (720?) at CES

Word on the street is that Microsoft is likely to announce their next Xbox system (Codenamed the Loop) at the upcoming Consumer Electronic Show. Initially reported over at G4TV;

In the ongoing list of Xbox 720 rumors, a new one has landed on our desk predicting that the Xbox 720 release date will be sometime next holiday season. Technology reporter Paul Thurrott seems to think so, saying in the Windows Weekly video show that Microsoft’s next system, codenamed “The Loop” will be out in time for the holidays next year.

“What I’m hearing is [the next Xbox is] going to come out for holidays next year, meaning that they would almost have to announce this at CES, wouldn’t they? That’s my rumor… that we’ll expect to hear something about that. They’re going the Apple route where they want this thing to integrate very tightly with Windows 8 and Windows Phone, which is a problem with the current Xbox.”

CES is the Consumer Electronics Show that’s held each January in Las Vegas. Normally game companies hold their big announcements for E3, but as Microsoft may be planning to push their other products at the show it might make sense for them to reveal their new console as well.

As we learned last week, the Xbox 720 is rumored to be based on Windows 9 and ARM processing architecture. We’ll just have to see if any of this comes true in January, but it’s fun to speculate in the meantime.

If this is true then so much for the Kinect extending the life of the XBox 360 for another 3-4 years, eh Microsoft?