We have some interesting news for you regarding the Next Xbox and what Microsoft is planning. As you know the Wii U is slated to launch next year, so it looks like Microsoft won’t give them any room to breathe as the rumors are that they will be unveiling the next Xbox at CES next year.

Microsoft usually releases their product a few months after the announcement, so it is expected to launch in Holiday 2012. Considering Sony has been piling on the R&D expenses, it looks like PS4 won’t be that far behind as well.

This news was revealed at the Windows Weekly show, which you can download from over here. The discussion begins at 1:28, so get your popcorn ready. Excited? Tell us what you think in the comments section below.

You can check out the entire summary here. This is what they said:

Next Xbox will be announced at CES 2012

• Codenamed TEN, is all about Metro, embedded Silverlight and an Apple-like integration with Windows and Windows Phone.