According to IGN, sources close to the next Xbox project have told them the new console will have six times the graphics processing power of the Xbox 360, and will have 20 percent more performance than Nintendo's Will U.
Sounds pretty awesome right? Too bad it's not expected to ship until October or November of 2013. Le sigh. IGN's sources have also confirmed that the Xbox 720's—or whatever it ends up being called—GPU will begin production by the end of this year, and will be based on AMD's 6000 series instead of the newer 7000 series. More specifically, it will most likely be not that far off from the current $80 Radeon HD 6670.
On one hand it's nice to see the rumors of the next-gen Xbox starting to solidify, but on the other hand, waiting until 2013 to get our hands on one is going to be arduous. [IGN]