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http://isitgaming.blogspot.com/2013/02/xbox-720-could-release-this-june.html


According to The Sun, the next Xbox could possibly release as soon as June. If this is true then it would put it months ahead of Sony's PS4 as that is schedule to release near the holidays. It would also mean a very short announce-to-release window for Microsoft. Could they pull a Sega and reveal the next Xbox and say "it goes on sale tomorrow"!?

I say this is unlikely. The Sun isn't exactly the most reliable of sources and their track record is pretty spotty. More reliable rumors point to an Xbox reveal sometime between March and April. This would put its announcement weeks after the PS4 which could put Microsoft at a disadvantage in terms of media coverage.