Xbox 720 is "coming out with Windows 8," according to what could be a slip-up by Microsoft general manager Brian Hall.
Hall was discussing the launch of Outlook.com in an interview with The Verge when he mentioned the "new Xbox" in relation to Windows 8.
Here's the full quote:
“We’ve had Hotmail and operated Hotmail for about 16 years, we obviously have Exchange, and Outlook, that people use at work. We just decided it was time to do something new and bring the best from each of those and put them together and release it right in time for the new wave of products that we could have coming out with Windows 8, with the new version of Office with the new Windows phone and the new Xbox.”
You can hear Hall say the words in the recorded interview below, from 1 minute 17 seconds: