Microsoft’s Xbox 360 completes 5 years this November. Time flies, doesn’t it? Sooner or later Microsoft will reveal the Xbox 3 or the Xbox 720. But we just don’t know when. It was confirmed back in 2007 by the then head of Microsoft’s Interactive Entertainment Business division; Peter Moore that new console can come out, depending on what kind of CPUs will be available on the market in 2011-2012.

There have been numerous Xbox 720/Xbox 3/Xbox handheld designs designs by various people around the world. We can’t say for sure whether the next release will be a console or a handheld but we have collected 10 awesome designs for your viewing.