Xbox One: 5 details revealed at E3

Keith Wagstaff
The Week
Microsoft VP Phil Harrison reveals details of the new gaming console at the Electronic Entertainment Expo on June 10.

Microsoft reveals the console's price, release date, and a slew of new games

Xbox One is the all-in-one media center that will replace basically every electronic device in your living room, Microsoft gleefully announced last month. Not mentioned: Anything about video games.

That all changed Monday at the Electronic Entertainment Expo (E3). Here is what gamers can expect from the Xbox One:

1. It's not going to be cheap
The Xbox One will set you back $499 with a controller and the new, more advanced version of Kinect. Compare that to $399, which is how much the Xbox 360 cost when it came out in 2005. That was $100 less than the Playstation 3, a price gap that helped Xbox dominate the console market.

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Will recession-weary shoppers be willing to spend $500 on the Xbox One, not to mention the cost of games, when it is released in November? A lot of that will depend on how Sony prices the upcoming PS4.

2. Master Chief will be back
Fans can expect a new Halo game in 2014. Microsoft was light on the details, except that the game would be made by 343 Industries, the Microsoft-owned company that took the franchise over from Bungie to make Halo 4. Microsoft said the latest iteration would run at a speedy 60 frames a second.

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3. Expect several exclusive titles
Love Call of Duty? The studio behind that game, Respawn Entertainment, is releasing a futuristic first-person shooter called Titanfall that involves blowing things up in giant mechs. Also to be released: Racing game Forza Motorsport 5; Ryse: Son of Rome, a hack-and-slash titled based in ancient Rome; and a brand-new Killer Instinct game.

4. Xbox 360 will get a makeover
Don't feel like shelling out $500? The Xbox 360 is getting a sleek new redesign and hundreds of new games. Xbox Live Gold members get the added bonus of two free games (starting with Assassin's Creed 2 and Halo 3) every month from July until the Xbox One is released in November.

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5. You can pre-order it right now
No need to wait in line at Best Buy. You can pre-order the Xbox One right now and get a special controller that says "Day One," letting people know you are a person with both disposable income and very little patience.

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