Rumour: Microsoft to announce "Xbox Lite" for $100 in late 2013.

[VGKing]

Gamerace said:

Wow. I was just commenting in the 'MS & Sony aren't showing new consoles at E3 - Stupid or Smart?' thread that MS would respond to Nintendo's new console not by releasing a new console but by poo-pooing it at merely a 'current' gen console (as Wii was 'last' gen) and by poaching Nintendo's casual base even harder while Nintendo is focused on core with Wii-U.

A Xbox Lite announcement at E3 would definitely support my theory. It's a great idea. With Nintendo taking their eyes off the massive casual base, and Sony still f---ing clueless as to who those 150m people who bought PS2's were, MS will cement their position as the primere casual system and maintain the Kinect/Lite system well into the 720's life until it drops to a mass market friendly price.

MS has learned a lot and is seeking to avoid another 2b loss with the start of another hardware gen.

What makes you think that?