It looks like the recently reported rumours could be true due to new information about delayed Xbox unveiling. Microsoft had originally been planning to announce the Xbox "Durango" details at an event in April.
According to The Verge, who just confirmed a tweet from Paul Thurrott, Microsoft plans to unveil the next-gen console at an event planned for May 21. The Verge's sources are saying that the event will be at a small venue while the full unveiling will be at E3 in June.
Another thing what we have found out is that the Xbox could be pricey and will require an always-on internet connection. This means users will not be able to start the software in offline mode and a game will suspend after three minutes without connectivity.
Luckily, we will not have to wait much longer to find out the truth.