The recent rumor that has the gaming community abuzz has turned out to be just that, a rumor.
After Microsoft Employee David Gardner listed the “Xbox neXt” on his LinkedIn page, the internet took it to mean that a new version of the console, whether a brand new one or improvement of the original, was in production.  However, Microsoft quickly squashed the rumors, stating, “Xbox neXt was an old internal team name for a group that worked on releasing Xbox One and is not related to a future console.  We have nothing further to share.”

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