Microsoft has denied that a new Xbox console will see the
light of day in 2012, and that the company will not be competing with Nintendo’s
Wii U.
"We're in an industry that talks a lot, that likes to
tell stories. I am not convinced things will happen this year," Microsoft
France’s managing director of marketing told LePoint.fr, as reported by
GamesIndustry.biz
"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. E3 is still premature. What's certain is that
there'll be nothing new in 2012."
"We're not
here to counter Nintendo and they're not here to fight the other manufacturers,”
he said with regards to the Wii U. “Nintendo has put itself in a different
cycle, they're advancing at their own pace."

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