Train2Game has discovered that Microsoft and Sony may reveal their next generation of consoles prior to E3 which takes place in June.

Rumours published in the February edition of Game Informer suggests that both companies are working on a press conference that is to be held near the time of the Game Developers Conference in March.

Sources have confirmed that the PlayStation 4 and Xbox 720 systems will be revealed before E3, though specific dates or events have not been finalised.

“We hear that both Sony and Microsoft are targeting special Apple-style press conferences to unveil their platforms near the Game Developers Conference in late March,” reads the Game Informer report.

“E3 in June may be the industry’s biggest event, but both companies want to give their systems their own limelight,” the piece adds.

Analyst Colin Sebastian of Baird Equity Research also suggested that the PS4 price and Xbox 720 price could be £225 to £275 if the prices are equal to the American predictions.

“Our checks suggest that next-generation console hardware will be largely built from ‘off the shelf’ high-end PC components, along with hybrid physical/digital distribution models, enhanced voice controls and motion sensing (Kinect integration with every Xbox), and broad multi-media capabilities,” Sebastian added.

“The cost of production and retail price points should be lower than prior console launches.”

Sebastian also estimated that the Xbox 720 release date is expected for November, while the PlayStation 4 release date may be later than November due to “early production issues”.