Software giant Microsoft is expected to provide first details of the next-generation Xbox when it announces the new gaming console at an event on May 21, according to Windows blogger Paul Thurrott and a report from The Verge.
The event was originally scheduled for April was postponed to May, the Verge reported quoting sources.
According to the Verge's, the event itself will be a small one, offering the first details on the next Xbox, code-named Durango. Microsoft reportedly will unveil the console at the E3 event in Los Angeles in June, with the product hitting shelves later in the year.
Thurrott added even more to mull over. He said "Durango" is likely to be expensive -- $500 for the regular console itself and $300 for a subscription-based model.
Thurrott also chimed in on the controversy over rumors that the next Xbox would require an always-on Internet connection. A creative director with Microsoft Studio got himself into hot water last week when he told people upset over such a requirement to just "deal with it."