XBox 720 and PS4 to launch at the same time?

This year’s E3 looks like its going to be unmissable, with speculation that both Microsoft and Sony preparing to showcase their next consoles.

According to MCV:

Microsoft has long been rumoured to detail its next-gen plans at E3 2012, and recently signalled to partners this will happen. The 360 is one of the longest-serving games consoles in history. But the real surprise is an early move from Sony. Execs at the PlayStation firm have made it clear to third-parties that they will not be left behind this time. Execs aren’t expecting price or launch details for the new Xbox or PlayStation. But their unveiling could be a perfect spoiler to the pre-Christmas launch date and price that will be revealed for Wii U in June.

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