Cedrick Delmas, marketing director of Microsoft France, spoke to Lepoint.Fr and revealed that Microsoft are unlikely to show off a new console at this year's E3.
In the report, picked up by VG247, Delmas explains why he doesn't think that there will be a new console announced this year: "We're in an industry that talks a lot, that likes to tell stories. I am not convinced things will happen this year. Xbox 360's cycle is not at all finished. The proof is that we don't see the logic in cutting the price this year. E3 is still premature. What's certain is that there'll be nothing new in 2012."
He went on to say that Microsoft has no intention of trying to steal Nintendo's thunder at this years E3 convention: "We're not here to counter Nintendo and they're not here to fight the other manufacturers. Nintendo has put itself in a different cycle, they're advancing at their own pace."
It was initially reported that Microsoft, Sony and Nintendo consoles were all likely to make some sort of appearance this summer. If these new reports are accurate, and following similar denials by Sony, it looks like the stage will be left clear for Nintendo at this years E3.