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According to a new report, Microsoft is planning to launch two new streaming devices at E3. One will be a Chromecast-style device and the other will be something larger with more functionality.

Sony's unconfirmed Playstation 4 Neo is the talk of the gaming world, which is leading a lot of people to ask if Microsoft is following suit with a new Xbox One. But that would be a big mistake!

A tiny bit of evidence has sparked new rumors that Microsoft might be gearing up to release an updated version of the Xbox One at E3 in June. The new console would feature more powerful internals.

With rumors that a new PlayStation is on the horizon, how is Microsoft preparing to solidify the offerings in its Xbox stable? If an upgraded Xbox is not in the cards, is it an entirely new console?

Following growing rumors of a possible 'PS 4.5' Xbox head Phil Spencer has dismissed the idea of an 'Xbox 1.5' stating that if "we're going to move forward, I want to move forward in big numbers."