New rumors are suggesting that the Microsoft 720 will be announced at this Junes E3 event with a release this fall. With that said the alleged specs for the device is said to be a “8-core 1.6GHz processor, 8GB of RAM, an 800MHz graphics processor, a 50GB 6x Blu-ray Disc drive, and Gigabit Ethernet connectivity”. These were the specs that were released late last year so maybe there is some truce to the specs, this is all according to website VGleaks, lets hope they are right on the money with.