The news came from Cedrick Delmax, marketing director of Microsoft France, during an interview with Lepoint.Fr.

In a response to a question inquiring about the rumor suggesting the announcement of the next Xbox at E3 this year, Cedrick said:

“We’re in an industry that talks a lot, that likes to tell stories. I am not convinced things will happen this year. Xbox 360′s cycle is not at all finished. The proof is that we don’t see the logic in cutting the price this year. E3 is still premature. What’s certain is that there’ll be nothing new in 2012.”

Delmas said that Microsoft won’t be making any hasty moves in a bid of counter Nintendo as they prepare to launch Wii U.

“We’re not here to counter Nintendo and they’re not here to fight the other manufacturers. Nintendo has put itself in a different cycle, they’re advancing at their own pace.”

Rumors have been pointing towards a E3 2012 reveal for Microsoft’s next Xbox console.

Sony said today that it’ll “probably” be the last to announce its plans for the next generation.

Nintendo’s next console – Wii U – is preparing for a re-reveal at E3 2012, with a planned launch before Christmas this year.

Despite determined rumours about the onset of next generation machines from Microsoft and Sony, mounting evidence suggests we will see nothing of either console in 2012.

Posted: Jan 30, 2012 1:19 pm

Source: http://www.vg247.com/2012/01/30/ms-on-xbox-720-e3-premature-nothing-new-in-2012/