"There will be nothing new in 2012."
In an interview with French language news site Le Point, Microsoft France marketing director Cedrick Delmax said, “I am not convinced things will happen this year. The Xbox 360′s cycle is not at all finished."
"The proof is that we don’t see the logic in cutting the price this year,” he added. “E3 is still premature. What’s certain is that there’ll be nothing new in 2012.”
When asked about the Wii U, which is due to be released in late 2012, Delmax dismissed Nintendo's console, “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, they’re advancing at their own pace.”
This statement by Delmax came a few hours after a Sony executive told Le Point that Sony would not announce any new consoles til Microsoft announced their own.
have seemed to indicate a 2013 release for the unnamed next-generation Microsoft console.