"A 'high-ranking industry source at Crytek' told the website that while specifications for the next console have not been finalized, Crytek is using Microsoft's DirectX 11 for next-gen development. The source says Microsoft will announce the new Xbox in the next year, likely at E3 2012."
"Meanwhile, the source also claims TimeSplitters 4 is currently in development using CryEngine 3 and is already being demoed internally."
Interesting news, as long as 360 games are fully backwards compatible of course.
This is all speculation, naturally. But it does seem likely that Microsoft is developing the next Xbox, even if it isn't to be released for another year or two.
Discuss.
