Microsoft Xbox 720 is rumoured to be available to users in November

Microsoft Xbox 720 release rumours are brimming to the top as Sony hinted on the announcement of PS4. Various sources predict many release dates of the new gaming console from the Windows manufacturing firm, but the most predominant among them is May or June. Sony vice-president revealed that the announcement of PS4 might me made in May.

Reports suggest that Microsoft and Sony are heading for a combined release of their next generation gaming consoles. XBox 720 and PS4 have been the most awaited gaming devices in recent times. Some reports also suggest that the Xbox 720 announcement might be heading towards the users in March at the Game Developers Conference.

The specifications of Xbox 720 have been widely rumoured with every new day bringing in some new speculations. Recent reports suggest that Square Enix might be licensing their internally-developed Luminous game engine to Microsoft and Sony for utilisation in next-generation video games featuring on Xbox 720 and PS4.

In a recent report from DFC Intelligence, Xbox 360 emerged as a winner of the seventh-generation gaming consoles, which include, PS3 and Nintendo Wii U. Xbox 720 is rumoured to defend the title achieved by its predecessor, when it arrives in the market. Some analysts are predicting that the users would get their hands on Xbox 720 in November this year.

The price of Xbox 720 is rumoured to be between $350 and $400 in the U.S., which is a significant price cut from its previous launch. Reports hint that both, Microsoft and Sony would be looking to bank on Christmas sales, and try to make the consoles are available for purchase before the festival.