Microsoft reconfirms no Xbox 720 announcement at E3 2012

Microsoft has confirmed (again), that they have no plans of announcing an Xbox 720 at E3 2012 this year.  It was originally rumored by MCV that both Microsoft and Sony had plans to unveil next-gen consoles at this year's E3.  Since then, both companies have denied rumors repeatedly, but that hasn't stopped the masses from speculating.

So when Microsoft's Cedrick Delmas was asked by Le Point if the company had any plans for a new console at E3, Delmas reconfirmed what we already know, "There will be nothing new in 2012."

In a rough translation of the interview, Delmas explained, "We're in an industry that talks a lot, that likes telling stories."

"I am not convinced that things will happen this year. The Xbox 360's cycle is not over at all. The proof is that we haven't price cut this year," he added. "Afterward, what will happen at E3, it's still too early to say. What's certain is that there will be nothing new in 2012."

Delmas made it clear that Microsoft has no plans to rush a system announcement to compete with Nintendo's Wii U which is set to release later this year.

"We're not here to counter Nintendo and they're not here to fight the other manufacturers. Nintendo has put itself in a different cycle, it's going forward to its own rhythm, with success as we have seen with the Wii, and now it's their turn to present their innovation."

As for Sony's take on a next-gen console, they confirmed to the same website that they would likely be the last to announce next-gen plans.