E3 2016: 7 Ups & 5 Downs From Microsoft's Conference

7. Xbox One S Is 40% Smaller, Costs $299

Though its existence was confirmed by a leak several days prior, Microsoft finally officially announced the Xbox One S during their conference.

The new version of the Xbox One is 40% smaller, supports 4K, has a 2TB hard drive, a re-designed controller, an internal power supply (a massive win for anyone fed up of those colossal power bricks), and retails for an impressive $299.

The Xbox One S will be available from August, and while it might be a bitter pill to swallow for those who already own the platform, it is a fantastic deal for anyone who has been on the fence for a while. What a price.