According to an article on Mashable, a 56-page document from Microsoft was released regarding the highly rumored Xbox 720.
So what all do we know about the next-gen Xbox?
Life cycle of the new Xbox will be 10 years
1080p output and native 3D
Blu-ray player
SmartGlass
A release date possibly for 2013 with a price tag of $299
A new concept was also released. Under the name Project Fortaleza, these are glasses. These glasses will be able to connect to Wi-Fi,* incorporate augmented reality in gaming and should be releasing around 2014. There are no specifics available regarding these glasses.
Based upon the design images leaked it looks like the Xbox 720 may look like more of a DVD player than the Xbox 360s we know now.
http://aggregame.com/news/2012/06/16...-720-for-2013/