UPDATE: EA has denied these rumors. "This story is a total fabrication – 100 percent not true," said EA VP of communications Jeff Brown in a statement to Kotaku. Myth: busted!
Rumors are beginning to appear indicating Electronic Arts may have the new Xbox console. The story comes from Devlop-Online and according to their sources, EA developers have a very early build of Microsoft's next console. The build is in such early stages that it doesn't even have casting yet. Developers are already creating first-generation software, according to their sources anyway.
"Quite often when new consoles come around they’re packaged into a PC shell, but actually what’s inside is an entirely new console,” a senior, trusted, well-placed source said."
Their source believes the console will launch by the end 2012, contradicting reports that Sony and Microsoft will delay their next consoles until 2014.
Eurogamer decided to do their own sleuthing and contacted their sources. According to their insiders an E3 reveal is "highly unlikely" but did not rule it out.
I find these reports questionable at best. But I do believe Nintendo's decision to reveal their next console in just a month lit a fire under other companies. Microsoft and Sony must be thinking about ways to make sure Nintendo doesn't steal the thunder at E3. Do you think these reports have merit? If not, do you think Nintendo's console announcement will encourage Sony and Microsoft to speed up the release of their next console?