Report: Next Xbox coming by 2013 holiday season

Enjoy xbox360-subscriptionthat time as the only next-generation console on the market, Wii U. The competition is coming sooner than you might think.

Bloomberg reports Microsoft will release its next generation Xbox in time for the 2013 holidays. While the date has been widely expected, the news service says unnamed company insiders have now confirmed the time period.

Read more at Yahoo! Games