Assuming we don't all die in fire due to Mayan prophecy, the next Thanksgiving will fall on November 28, 2013. If a new report is to be believed, that means we're less than a year from the launch of Microsoft's next console, which is said to be aiming for the holiday season.
Bloomberg cites familiar parties who declined to be identified. They claim that the next Xbox will be out in time for Thanksgiving sales, but that the company has not yet decided if it will debut the machine at E3 or at its own dedicated event.
We've heard scattered tidbits about the next Xbox, code-named "Durango," including a recent domain that would seem to tie the console to Windows 8. Analysts have been predicting a 2013 launch for the next console, so this news doesn't come as unexpected, but it is one more indication that the next generation is (finally) on its way soon.