MICROSOFT NEEDS TO LAUNCH IT'S NEXT ITERATION OF THE XBOX.
Why? Well, there are more than a few reasons, but I'll cover the obvious.
Hardware: The hardware itself has become constricted to developers. This leads to developers toning down titles that rely heavily on superb graphics to create fascinating worlds with actual substance to them.
The PS3: Sony's console has finally managed most of the issues that prevented it from hitting a collective stride. In doing so; it will catch up to the Xbox 360, and eventually surpass it. It would be in Microsofts best interest; to launch their next machine in a sizeable timeframe before Sony's own plans for the PS4 begin to manifest.
Reveal it at CES 2012.
It's either this, or you can go back to square one.
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