Microsoft might release next Xbox console version next year, reports Bloomberg citing two people with knowledge of the matter.

The successor of Xbox 360 might be shown in June 2013 at the E3 conference, and Microsoft may also put it on sale the same year.

Earlier, rumors were in the air that the device might be unveiled at the 2012 show. However, David Dennis, the company spokesman, has announced that Microsoft won’t discuss new Xbox hardware at 2012 E3 conference.

“There will be no talk of new Xbox hardware at E3 or anytime soon,” Dennis wrote in an e-mailed statement. “For us, 2012 is all about Xbox 360.”

The best year for Microsoft’s Xbox 360 in terms of sales was the year 2011. The Xbox 360 is profitable for Microsoft, and it is better for the company to keep it on store shelves for a longer period. If Microsoft decides to unveil the next model too soon, there is risk for hurting orders for the current model.

“They’re still selling a lot of Xbox 360, and they’re making money,” said Michael Pachter, an analyst at Wedbush Securities, while talking to Bloomberg. “I don’t think the world needs them to put a new console out just because we’re bored.”

According to Pachter, Microsoft earns a profit of about $115 on the $300 Xbox 360, and has no reason to launch a new console in the coming months.

Fans will have to wait till next year for the new XBox 360