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Crytek: Xbox 720 Coming at E3 2012

One of the best things about shows like E3, Computex and CES is that they put long-standing rumors to rest. Sure, these rumors might not even exist without the shows but, if anything, they at least squash speculation about new products for another 12 months or so. With E3 2011 all done and dusted, talk of E3 2012 has already begun, and for now, the Xbox 720 is the subject.

According to the latest rumors, Microsoft will use next year’s E3 show to preview its new console, the Xbox 720. VideoGamer cites Crytek in reporting the news, adding that Microsoft will announce and launch its new console ahead of Sony.

There isn’t much in the way of details available right now, but the Crysis developer reportedly told VideoGamer that it’s using Microsoft's DirectX 11 as the current basis for next-generation development.

Neither Microsoft nor Crytek are commenting on the story, so take it with a grain of salt until we hear something more official.