Trusted source says date is, however, subject to change.
The next generation Xbox, codenamed Durango, will be revealed at an Xbox event held on April 26, 2013, trusted sources have told CVG associate editor Rob Crossley.
"The next Xbox event is scheduled for April 26th, I've been told by someone I trust," Tweeted Crossley. "Microsoft may change date, obvs, but diarise tentatively."
Multiple sources have already pointed to an April event, whilst an Xbox Event website was spotted last week.
With the PS4 currently generating lots of attention, all eyes are now on Microsoft to see how the next Xbox will stack up against the Sony platform.