E3 2011 ended not too long ago and at the show we got a glimpse of the future Nintendo console called the Wii U. Nintendo really needed that new console with sales of its current system sagging. We heard a rumor last week that there was a new Xbox console being called the Xbox 720 coming to E3 2012 next year.
The rumor also claimed that developer Crytek was using the new console to work on developing games for it. Crytek came out and denied that rumor altogether. Crytek says it has no idea when Microsoft will release its next console and has no new Microsoft hardware in its studio.
Crytek also took the time to add that DX11 support for Crysis 2 would be coming shortly as an update for the game. The denial of the rumor really means nothing; Crytek would never admit it has next gen hardware in for development duties. Whether or not it has the hardware, the only thing Crytek could do is deny rumors.