For those of you who have been waiting for the much awaited Xbox 720, Microsoft has finally confirmed that the latest version of their Xbox gaming console will be released next month on May 21. The company has updated the homepage with the event image that suggests that they will launch the much awaited Xbox 720. The event will be broadcasted live on Xbox Live and homepage.

According to Xbox Spokesperson, Major Nelson:

On Tuesday May 21st, we’ll mark the beginning of a new generation of games, TV and entertainment. On that day, we’ll be holding a special press event on the Xbox campus and we invite you to join us via the live global stream that will be available on Xbox LIVE and If you are in the US or Canada, you can also watch the broadcast on Spike TV.

It has also been revealed that few days after the launch of Xbox 720, the company will give more insights about the product and will showcase the full lineup of games that will be available for the upcoming console at Electronic Entertainment Expo (E3) in Los Angeles.

Let’s wait and see what will be unveiled at the upcoming event. At the moment, we don’t know much about the features of the console but what do you expect from the new console that Microsoft is about to launch.

(Via: Product reviews)