Many users of the console are happy that its shelf life of the product was long. However, a mainstream gaming console such as Xbox definitely warrants an update. As per a report by SemiAccurate, the next generation Xbox faces further delay. It appears that it may be launched only by early 2014 due to issues with the AMD chip that is expected to be used in it.

The reason? As it turns out the latest production of the Xbox's chip delay. According to sources, the problem focused on AMD processors code named 'Oban'. Because of this new production of the new Xbox will be completed by end of 2013 and will be released in 2014. It is said to be possible only, if the right supplier can’t resolve the problem of production.

According to rumors, the latest generation Xbox will also offer Blu-ray drives, and the latest Kinect games from the cloud storage.