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superchunk said:
 

MS first showed the 360 at E3 2005... same year it launched. There's no reason they won't wait until as late as E3 and still launch in 2013 holiday. Granted, it becomes more unlikely the longer it goes and definitely not happeing if its not shown at that E3.


I keep hearing that from people who likely were young and/or weren't really paying attention to gaming news back in 2003'ish time.

We knew about the XBOX 360 (XBOX 2) well before Microsoft's official announcement at E3 2005.   For example, in 2003, We knew AMD were doing the GPU because they announced it, and Microsoft followed it up a few days later.  My point is, is there's always a lead time before a home console launch....no less than a year of lead time in fact.

 

 

 

"Known during development as Xbox Next, Xenon, Xbox 2, Xbox FS or NextBox,[21] the Xbox 360 was conceived in early 2003.[22] In February 2003, planning for the Xenon software platform began, and was headed by Microsoft's Vice President J Allard.[22] That month, Microsoft held an event for 400 developers in Bellevue, Washington to recruit support for the system.[22] Also that month, Peter Moore, former president of Sega of America, joined Microsoft. On August 12, 2003, ATI signed on to produce the graphic processing unit for the new console, a deal which was publicly announced two days later."

http://en.wikipedia.org/wiki/Xbox_360