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Today (May 21), Microsoft unveiled its highly anticipated next generation console, the Xbox One. Sporting an industrial design and powerful specs, the system aims to be the focus, or facilitator, of family entertainment.

Whether it’s gaming, utilizing web apps, watching movies and more, the Xbox One hopes to be the centerpiece of your living room (think: all in one). It certainly has the tools to do so with a Blu Ray player, an improved Kinect (which will come with every console), 500GB of storage standard, HDMI connectivity and much, much more.

No word on pricing or an exact release date yet. Check out 10 important aspects of Microsoft Xbox One (so much for an “Xbox 720”) in the following pages.

Will it be a Playstation 4 killer? Let us know your thoughts in the comments.

Photos: Engadget, Gizmodo, Wired

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