Microsoft Xbox director Stephen McGill has stated that a new Xbox console is still "years away".

Here are some other quotes:

"I think there's still a lot of legs left with the Xbox 360, so we're years away from contemplating what comes next.

"This generation is here for a long, long time"

"As you know, with Xbox 360 we constantly innovate with the current console you have, through extra services on Xbox Live that we can pump down the service, then obviously with Kinect; that's a massive game-changer for the industry, transforming what entertainment in games can be for friends and family."

Microsoft has recently stated that the Xbox 360 is only halfway through it's life-span and that the 360 is still upgradeable enough to last.

Message from the future (2016)...it was Xbox One!