According to a report on 'The Verge', Microsoft may be planning to unveil its upcoming Xbox console, dubbed the Xbox 720, at a special event next month. The event is said to be held at a 'small venue', and will note the key features of the upcoming console. Previous reports have indicated an event planned on the 24th of April, however this date appears to have been pushed back for an undisclosed reason.
It has also been reported that the next generation Xbox will be fully revealed during E3 in June, which would be followed by a launch during early 2014. The Xbox will also make an appearance at the Microsoft Build conference in late June, when Microsoft is likely to announce more technical aspects of the upcoming console.
Source: The Verge