Microsoft Corp. this week released the Trailer for the Xbox One S console.
The trailer previews features of the updated console.
The Xbox One S is a console 40 percent smaller than the current Xbox One and includes a 2TB hard drive, 4K Ultra HD video, High Dynamic Range, a streamlined controller and vertical stand.
It will sell in Aug. starting at $299.
Xbox hardware revenue declined 17 percent in the first quarter due to lower Xbox 360 sales volume.
Xbox Live users increased 28 percent in the period to 39 million users.