It's actually 1.3 but it will come out pretty soon.
Notch has announced he will release Minecraft at The 11/11/11. But he will continue to update Minecraft after it's realeased.
The next Minecraft update, 1.11, is not expected to come out until at least 2017. The details will be revealed at Minecon 2016 in September.
There won't be one.
November 11, 2011 (11.11.11)
It did come out! Buy it at minecraft.net!
No, it's a download from XBox Live.
When notch releases it.
in the us it is confirmed that "minecraft Xbox 360 edition" comes out may 7th 2012 which is this wendsday
the posibility of this might be a common crash or your xbox can't handle minecraft.
As it is obtained solely either from the Minecraft website, or from XBox Live, it doesn't technically 'come out' in any specific country.
March 27th or later
I did like a year ago
Oct 16, 2012
IT came out 5 months ago
After a big update.
there are no mods for minecraft on xbox
It is due to come out near the end of September 2012.