No New Xbox This Year?

If you’ve been following lately rumors have been flowing about the new Xbox and what magic it heralds. Evil Avatar Evil avatar had a post explaining that Cedrick Dalmax stated:

In a response to a question inquiring about the rumor suggesting the announcement of the next Xbox at E3 this year, Cedrick said:

“We’re in an industry that talks a lot, that likes to tell stories. I am not convinced things will happen this year. Xbox 360′s cycle is not at all finished. The proof is that we don’t see the logic in cutting the price this year. E3 is still premature. What’s certain is that there’ll be nothing new in 2012.”

Delmas said that Microsoft won’t be making any hasty moves in a bid of counter Nintendo as they prepare to launch Wii U.

“We’re not here to counter Nintendo and they’re not here to fight the other manufacturers. Nintendo has put itself in a different cycle, they’re advancing at their own pace.”

I have to say I’m not suprised, with Microsoft laying off huge portions of their R&D department a few hours ago, and the strength of the Xbox currently, releasing a new console this year would be viewed as a rush to market. This could, however, be an MSoft employee speaking out of turn, but I still feel we won’t see a new console til the end of 2013 at the earliest.

Thoughts?