Microsoft’s New Xbox Version Dates, Splunk Says No Takeovers: Tech Business Wrap

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Knowledgeable sources say that Microsoft Corporation (NASDAQ:MSFT) will release the next version of its Xbox video-game machine in time for the holidays in 2013, adding that the product will target Thanksgiving and Christmas sales. Also reported was that the company has yet to decide whether to unveil the new Xbox at an industry event like the E3 show in June or at a separate event dedicated to the machine. The new Xbox will appear one year following the debut of  Nintendo Co’s (NTDOF.PK)(NDOY.PK) brand new Wii U, which went on sale in the United States on November 18th. In the meantime, Sony Corporation (NYSE:SNE) is getting an update to its PlayStation console ready while Microsoft is still attempting to pull sales out of the current model Xbox 360 which sold some 750,000 over Thanksgiving weekend.

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Chief Executive Godfrey R. Sullivan of Splunk (SPLK) said Friday on CNBC that there is no discussion within his company in regards to takeovers.

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