According to mvc:
Both the Xbox 360 successor AND a follow up to the PS3 will be shown at E3 2012.According to the resources, It's been a while that Microsoft was planning for the next-gen xBox at E3 in 2012. And it's been a long time that Microsoft introduced its last console xBox 360. But it will be a surprise for the Sony's fan followers that Sony is going to release its PlayStation 4 so early.
The LA show tease will come as Wii U launch details are locked in – and should ensure no ground is lost between competing consoles.
Different concepts have also been there about the new xBox and PS4. According to Techradar xBox 720 and Sony PlayStation 4 will have high-end specifications.
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