Microsoft is to announce a successor to the Xbox 360 at E3 next month, according to "a senior, trusted, well-placed" source.
The tipster, speaking to respected games industry publication Develop, said the new hardware was sent to EA last month - and that the publisher is getting to grips with the tech right now.
It's said to be a "very early build with no casing - it is in fact being stored inside a PC shell".
