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 gaming console has received overwhelming attention even before it official roll out. The latest person to join the Xbox 720 fan club is GameStop CEO Mark Raines.

Raines, who had reportedly seen the upcoming gaming console, called it "a very hot, compelling device."

"We've been spending a lot of time with Microsoft, but we have to let them take the lead on this, but it will be," said Rainse. "They are doing some really cool stuff, and I'm eager to hear them start their announcements because I think the world is going to stand up and take notice."

Wedbush Securities analyst Michael Pachter also recently talked about Xbox 720. He said that features like Skype integration and TV service in the Xbox 720 will help the Redmond-based company have an edge over other game console manufactures.

Though Microsoft is yet to reveal any details about the Xbox 720 launch, speculations about its release have been doing the rounds for a quite long time. GameSpot citing Colin Sebastian analyst at Robert W. Baird reported that the gaming console is likely to come in May. However the report did not divulge in further details except that the announcement of Xbox 720 will be a changing mechanism for market share.

Reports also said that the next-generation gaming console from Microsoft is due to release in June at the Electronic Entertainment Expo (E3) .The countdown launched by Xbox official blogger Major Nelson for Electronic Entertainment Expo (E3) had initially raised speculation that the company is gearing to unwrap Xbox 720 around that time.

Sony's PS4 is also rumoured to come around the same time.

The speculated features of Xbox 720 include 8-core CPU, 8GB of RAM, 50GB Blu-ray disc drive and 800 MHz graphics card.