Microsoft is reportedly planning a Christmas 2013 launch for the as yet unannounced Xbox 720.
That's according to respected industry site Develop, which claims that several projects are already underway for the new Microsoft system, including a Fable game at Lionhead internally named 'Fable Next'.
The site says data from multiple "sources across the industry, from processor chip manufacturers to middleware firms", points to an official reveal at E3 2013 followed by a Christmas launch, though early 2014 remains a possibility.
One of the site's sources still insists EA has early Xbox 720 console technology in-house, even though the publisher has outright rejected the claim.
Earlier this month, Xbox World claimed to have heard that "a number of Microsoft-friendly developers are hard at work on prepping next gen games as we speak". These were said to include Microsoft-owned Rare, Lionhead and Turn 10, as well as Alan Wake developer Remedy.