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Quick Quotes - Pachter pooh-poohs Xbox 720 rumours

"Those rumors are silly. Microsoft is still selling a ton of Xbox 360s, and they won't replace the existing one until sales begin to slow. I think the rumors are based upon leaks about modifying the current Xbox 360 to allow it to operate Windows 8. I fully expect a new model of Xbox 360 by holiday 2012, but don't think we see a new console altogether from Microsoft until 2014."

-- Wedbush Morgan analyst Michael Pachter, speaking to IndustryGamers.

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