Next Gen Xbox Hardware Confirmed? Release late November?

Multiple articles that I've come across today have been reporting the hardware and release date of the Next Xbox console. This to me, is a huge shocker! following the idea that each game console has a 10 year life cycle , This took me by surprise. . . a BIG SURPRISE. Apparently, the system's GPU will be in full production at the end of this year.So far, the processor will be based off the AMD's 6000 series. Most likely similar to the Radeon HD 6670, which sports the ability for multidisplay output, 1080p HD output, and 3D support. We can Assume the new Xbox will be ready for retailers either late 2013, or early 2014