Next-Generation Xbox Announcement Commences at 1 PM Eastern

Xbox IconMicrosoft is streaming live the announcement of its next-generation Xbox console, rumored to be named “Xbox Infinity” or “Xbox 720,” at the Xbox Reveal event on its Redmond campus at 1:00 PM Eastern (10:00 AM Pacific).

Just yesterday, Sony released a teaser video of its latest PlayStation console, which launches by yearend. The forthcoming Xbox, PlayStation 4 and Wii U will comprise the eight-generation of console gaming.

The latest Xbox is rumored to use powerful computer chips to deliver a fluid gaming experience, alongside a potential cloud streaming service and augmented reality integration. Follow the discussion on the iFans forums as the live event gets underway, or on Twitter using the #XboxReveal hashtag.

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