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Microsoft has confirmed that the successor to the Xbox 360 will not be announced at the 2012 Electronic Entertainment Expo. “While we appreciate all the interest in our long-range plans for the future, we can confirm that there will be no talk of new Xbox hardware at E3 or anytime soon,” the company said in a statement to Kotaku on Thursday. “For us, 2012 is all about Xbox 360-and it's the best year ever for Xbox 360. The console is coming off its biggest year ever-a year in which Xbox outsold all other consoles worldwide.” The next-generation Xbox is rumored to be six times more powerful than the current Xbox 360. It has been reported that the console will be equipped with a GPU based on ATI's Radeon HD 6670 and should offer support for 3D technology, 1080p HD output, multiple displays and DirectX 11. It is also possible that Microsoft's next-generation system may use online downloads and swappable solid state cards rather than a traditional disc drive.