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Timesplitters franchise alongside Microsoft's next Xbox at E3 2012

What they heard: Not a week after the 2011 Electronic Entertainment Expo concluded, the rumor mill began to churn on next year's show. Namely, VideoGamer.com reported that it had heard from a senior Crytek development source that the French studio would unveil a new installment in the Timesplitters franchise alongside Microsoft's next Xbox at E3 2012.

Crytek has since distanced itself from those rumors, but a new document indicates that Microsoft does indeed plan to debut the Xbox 360's successor next June. BGR reports today that it's received word from a source with knowledge of Microsoft's Entertainment & Devices Division that the company will unveil the next Xbox at E3 2012.

The Xbox 360's days are numbered.

Regrettably, BGR's source had no other knowledge on Microsoft's designs, including when the tool will launch. However, the individual did tell the tech site that Microsoft has been working on the tool since 2006. Microsoft launched the Xbox 360 in November 2005, & it's gone on to sell  55 million units worldwide.

While Microsoft has been tight lipped on the next Xbox through official channels, it's at least indicated through other means that a new tool is in the works. Earlier this year, the publisher posted a spate of job listings to fill out a team "responsible for defining & delivering next generation console architectures from conception through implementation."

The official story: Microsoft had not responded to a request for comment as of press time.

Bogus or not bogus: Microsoft is not likely to offer WoW CD Key any word on its next Xbox until it is nice & prepared. However, given the growing body of rumors, an E3 2012 reveal is looking increasingly likely.