XBOX 720 already in development?

Yes, it is. Microsoft has already begun work on developing the Xbox 720. In an interview, Peter Moore, Ex boss of Interactive Entertainment Division at Microsoft, confirmed that “the production team from the Xbox 360 is working on the next Xbox 720 [our pet name], and they’re looking into what kind of CPUs will be available on the market in 2011-2012″. In fact, development on the Xbox 720 might have been going on for longer than we think, as Robbie Bach, the President of Entertainment & Devices Division at Microsoft, said, “We started thinking about the next generation before we shipped the Xbox 360″. So, we can be dead certain that the X720 is already in development.

HDMI and Wi-Fi will be built in

The Xbox 360 Elite already has HDMI and in 2012, Wi-Fi will be a standard and so, it should be built into the Xbox 720. The PS3 already has a built in Wi-Fi Ethernet and Bluetooth.

A 4.7GHz CPU on the Xbox 720? It could happen

The Xbox 720 could feature something similar to Sony’s Cell-like processor. But will Microsoft invest in something like that? We already have four cores on today’s PC. They might not have to look farther than their partnership with IBM. IBM has already developed a dual core 4.7GHz server CPU, dubbed the Power6. Who’s to say that Microsoft won’t put it into their X720? Those extra GHz could go towards assisting the GPU and more realistic AI. Looks like Microsoft’s partnership with IBM is finally paying off.