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    Oct 20, 2011
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    In a conversation with Games Industry International, GameStop’s CEO J. Paul Raines spoke about Microsoft’s upcoming successor to the Xbox 360. It hasn’t been announced yet, but something tells us GameStop is fully aware of what the new console will be.

    “We’ve been spending a lot of time with Microsoft,” Raines admitted, “but we have to let them take the lead on [the new console], but it will be a very hot, very compelling device. They are doing some really cool stuff, and I’m eager to hear them start their announcements because I think the world is going to stand up and take notice.”

    With the Wii U experiencing terrible sales and the PlayStation 4 dominating the next-gen mindshare, many in the industry are eager to see what Microsoft has up its sleeve. Xbox 360 is at relative sales parity with PS3 right now, however, and the Xbox 360 continues to beat PlayStation 3 in North America in particular. It could be that Microsoft is in no rush to halt the Xbox 360 cash cow any time soon, though the company also no doubt understands that the longer it gives Sony a complete next-gen monopoly in the discussion, the worse off it may be.

    The new Xbox – codenamed Durango – is purportedly set for reveal later this month.

    Source IGN.

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