Microsoft is working on a brand new video game system to welcome in another era of consoles. The company doesn’t look like they have any immediate plans to make any such device official until they’re good and ready. However, that’s not stopping the speculation that some publishers, like Electronic Arts, already are in possession of the dev kits for the new console.

Development on the Xbox 360 successor has been re-revealed through a number of LinkedIn profiles of individuals who work at Microsoft and have incriminating entries under their experience.

This isn’t the first time we’ve heard of the new Xbox looming in the darkness. Developers like Rare, who is developing a mature title for the Xbox 720 or other studios who are developing sequels exclusively for the new Microsoft console (Alan Wake 2!) give further credence to our expectation that the Xbox 720 – or whatever it’s name may be – will be revealed at next year’s E3.

So who and what are the new positions that might have given away Microsoft’s new console development? First off is Mr. Jeff Faulkner, who is toting a position as “Xbox Next Gen Creative Director.” Next,¬†Joe Langevin has been creating “high speed data buses to prevent electromagnetic interference in next-gen devices.” That sounds important and the word “devices” conjure up images of more than just an at-home console and might even mark Microsoft officially entering themselves into the portable gaming market. Or it could just be a continuation of the kind of mobile Xbox LIVE support that already exists for smart phones.

Senior creative director Jonathan Harris has been “designing the next generation of entertainment” and ex-Microsoft employee, Patrick Corrigan, has been working on something a bit more specific: “providing groundwork and integration for branding elements for next-gen Xbox on all forms of media. Ranging from print to UI across future releases of the Xbox platform”.

What that basically means is Mr. Corrigan has been working on the marketing aspect of the new Xbox console and how to integrate it with the 360, if all the gobbledygook is interpreted correctly.

Combined with information like these LinkedIn accounts and even Microsoft’s advertisement infiltration in Real Steel, it’s not a stretch to believe that the company is working hard on a new console to unleash on the public and become the benchmark for other console manufacturers to follow.

If it turns out to be true that Microsoft might also be developing a handheld device, this would be the best time for them to enter into the market. Having seen the errors of Nintendo’s 3DS launch and how Sony eventually had to redesign a device from the ground up in creating the Vita, Microsoft is armed with enough knowledge to create a portable gaming device that might be something will catch us off guard.

The Xbox 360 still has life in it yet – releasing in 2005, it still exhibits power that surprises almost every year although this year more than any other, its dated internals have become evident thanks the comprises Battlefield 3 needs to make to play on it and the PS3.

When would the best time be for Microsoft to announce their new console? Are they going to blaze the trail once again and get the jump on Nintendo and Sony or are they going to wait until their competition arrives before making any announcements?

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Source: Superannuation