By fifth grade, he was building his own video-game console with an electronic-projects kit from Radio Shack.

NEWYORKER: Machine Politics

It will be interesting to see whether the new prominence of the iPad as an app platform will help old console warhorses like Electronic Arts and Activision to find a better footing in the mobile game market.

FORBES: iPad App Revenue Catching up with iPhone Faster than Expected

Microsoft will likely reveal the console at the 2013 Electronic Entertainment Expo, and release it in time for the holidays that fall.

FORBES: Next Xbox Will Likely Launch in 2013