According to the document, the plan was to release the Xbox 720 at a price point of $299.99 and with six times the power of the Xbox 360. The pitch for it was to be an all-in-one entertainment device, not too different from the broad pitch for the Xbox One. To achieve this, the console was not only going to be a hub for console games, but allow users to cast their phones to the console and play mobile games on the TV.
It was also going to have full backward compatibility with the Xbox 360, something the Xbox One never had, and it didn't have any backward compatibility until later after its launch. There's also no mention of forcing users to always be online or preventing game sharing, two things that played a huge role in sinking the Xbox One's controversial reveal.
(Leaked) A leaked document from Microsoft in 2012 revealed their plans for the Xbox 720; it was the initial name for Xbox One— Idle Sloth💙💛 (@IdleSloth84_) January 29, 2024
💡 The leaked document revealed Microsoft’s plans for the Xbox 720, the successor to the Xbox 360.
💻 Microsoft intended to make the console an… pic.twitter.com/uD2cYxqn2N
Of course, this is a leak, so take it with a grain of salt. It's all official information, but it's hard to know what should and shouldn't be made of it because obviously none of this came to fruition, and we have no idea how close it came to releasing. To this end, we also don't know why plans changed.
So far, Microsoft has not commented on this leak and the speculation it has created. We don't expect this to change, but if it does, we will be sure to update the story accordingly.
Related Forum: Xbox Forum