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Microsoft May Preview the New Xbox Next Month

Corporate Vice President of Microsoft Studios Phil Spencer speaks during the Microsoft Xbox press conference at the Electronic Entertainment Expo at the Galen Center on June 4, 2012 in Los Angeles.
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Corporate Vice President of Microsoft Studios Phil Spencer speaks during the Microsoft Xbox press conference at the Electronic Entertainment Expo at the Galen Center on June 4, 2012 in Los Angeles.

Microsoft may unveil its next-generation Xbox next month.

According to a recent report from the Verge, Microsoft will preview the new Xbox—code-named Durango—at a special event May 21 and officially reveal it at the video game trade show E3 in June.

(Read More: Things Don't Look So Good for the Video Game Industry )

Though next month's event will be more low-key than the one in June, Microsoft will offer initial details of the device at the smaller event, according to the report.

The company did not immediately respond to a request for comment about the reported release date.

(Read More: 'Indie' Video Game Consoles You Haven't Heard of Yet )

On Friday, gaming expert and tech blogger Paul Thurrott said that the May event was originally scheduled on April 24. The actual launch of the device should be expected in the fourth quarter, probably early November, he said, adding that it will be a Windows device costing about $500.

While not much is known for certain about new features on the upcoming Xbox, Microsoft is signaling a strong focus on building out its TV streaming service.

The company announced Monday that it had sold Internet protocol TV platform Mediaroom to Ericsson, saying in a statement that the sale would allow "Microsoft to commit 100 percent of its focus on consumer TV strategy with Xbox."

The move suggests that Microsoft will disclose its larger TV strategy when it introduces the new Xbox console.

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