Microsoft's next game console, Xbox 720
Xbox 720 a 'Very Hot, Compelling Device’, Says GameStop CEO; Microsoft to Unveil Next Generation Console in MayXbox720x

Microsoft's next generation Xbox is predicted to dominate the next generation video game consoles.

Wedbush Securities analyst Michael Pachter viewed that features like Skype integration and TV service in the Xbox 720 will help the Redmond-based company Microsoft to have an edge over other game console manufactures. His presentation images have been tweeted by games journalist Geoff Knightley. He also added that Sony's recently unveiled PS4 will gain popularity, but not as much as Xbox 720.

Pachter had earlier predicted that the upcoming Xbox 720 could cost as slow as $99.

There has been much talk about Xbox 720's release date for the past couple of months. However, Microsoft is tight-lipped about the launch and has not revealed much about the gaming console till now. Earlier in January, there were reports that the next-generation gaming console will be unveiled at the Electronic Entertainment Expo (E3) which is scheduled to take place in Los Angeles on 11-13 June.

Also, a countdown to the E3 launched by Xbox official blogger Major Nelson has sparked speculation that Microsoft is gearing up to unveil Xbox 720 at the event. The console was speculated to release around the same time as the "Destiny" game launch in October.