Report: PS4 & Xbox 720 expected to be unveiled at E3 2012 (Update)

Should the current report from MCV If that's the case, we can probably expect the biggest E3 ever this year.

Not only will Nintendo be presenting their new Wii U there, but Microsoft will also finally unveil the Xbox 720. Furthermore, Sony has reportedly made it clear to its third-party developers that they will not be lagging behind and a presentation is also expected.

Further details regarding the launch or price of the new consoles are not expected. Only Nintendo is anticipated to announce the final information, such as price and launch date.

(Update)

Meanwhile, there is a statement from Sony's Worldwide Studios President, Shuhei Yoshida, who laughed at the report and said: "I don't know what you're talking about."

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An unusual statement in contrast to the usual one, “We will not comment on rumors or speculation.”This suggests a neutral stance. The statement above could potentially be a playful glossing over of facts that we may or may not learn until E3.

Microsoft declined to comment on rumors or speculation.

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