According to anonymous, yet "reliable" sources have told UK games industry magazine MCV, that we should see the unveiling of Microsoft's Xbox 720 and Sony's PlayStation 4 at E3 later this year. If this were to happen, it would really hurt Nintendo who are setting to show off their next-gen Wii U.

Microsoft have been hinting more at the next-gen Xbox than Sony have at the next-gen PlayStation. But, Sony have reportedly been telling third-party publishers that they "won't be left behind in the next-gen arms race", so it would make sense of an unveiling of the PS4 at E3 2012.

Of course, rumors are just that, rumors. But, MCV's Online Editor, Ben Parfitt, said on his Twitter account:

Obviously we can't reveal our sources. But you have my personal word on this - the source is exemplary, 100% concrete, ultra high level'.

What do you think? Personally, we need next-gen consoles. I'm excited to see what they can do, and excited for the push it'll bring the stagnant PC gaming market.