Microsoft has been hard at work preparing two new Xbox models for release sometime in the next two years, according to Kotaku. In Late 2016, we will see a cheaper, smaller Xbox One and next year we will see a more powerful model.
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"Scorpio" as it is codenamed, will have a more powerful GPU according to some anonymous sources. It will technically be capable of supporting Oculus Rift, due in part to Microsoft partnering with Oculus.
As for the more compact version, it will include a 2TB hard drive, twice what they have now, but will just be a more compact size. Of course Microsoft will probably announce more at E3 next month.
When asked about these plans, both Microsoft and Oculus representatives did not provide comment.
The two console form part of Microsoft's strategy called "Project Helix" to converge Windows and Xbox. They've already announced some exclusive games like Halo Wars 2 and Sea of Thieves for Xbox One and PC. They want to release future games that way as well.
Xbox boss Phil Spencer did pass out some hints about the future all the way back in March: “I look at the ecosystem that a console sits in and I think that it should have the capability of more iteration on hardware capability,” he said. A few days later, he elaborated. “What I’m saying is as hardware innovations happen we want to be able to embrace those in the console space, and make those available and maybe not have to wait seven or eight years for things to happen.”
Only time will tell, but it will surely mean that there is a revolution brewing in the gaming and computer world.