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Five things you need to know about the Xbox One

The latest gaming console from Microsoft
The latest gaming console from Microsoft

Microsoft held a huge press event this Tuesday where they removed the veil from their latest gaming console. Departing from their previous rotation based naming, they have decided to refer to the new system as the Xbox One.

The new console boasts some pretty great innards and features that are sure to please every type of gamer out there. Well maybe not all of them, but certainly most.

Take a look at the highlights of the event and drop me a comment with your thoughts!

Xbox One Specs
Xbox One Specs Gizmodo

Xbox One Specs

The Xbox One is boasting some nice guts. I'll get right to the good stuff.

Processor and graphics: as rumored, a heavily customized AMD chip that combines an eight-core CPU, a GPU tailored for DirectX 11.1 graphics and 32MB of high bandwidth embedded ESRAM memory. The 28nm chip will consume around 100 watts, which is slightly higher than current Xbox Slim and PS3, but Microsoft promises noise from the cooling fans will be "four times quieter."

System memory: a Sony-rivaling 8GB of RAM, although it'll be DDR3 instead of the PlayStation 4's GDDR5.

Audio and video: 1080p and 4K both supported; 7.1 surround sound.

Kinect: This will be bundled with the console and contain 250,000-pixel infrared depth sensor as well as a regular 720p web cam.

Storage and media: a 500GB hard drive of unknown speed plus a Blu-ray / DVD combo drive that will be used as little as possible. We're told disc-based games will be ripped to the HDD automatically.

Connectivity: HDMI 1.4 output and passthrough; a "few" USB 3.0 ports; gigabit Ethernet; plus, three separate 802.11n radios to allow the console to communicate with its controller (over a form of WiFi Direct) as well as other devices (such as perhaps other Windows-based phones and tablets) without losing its connection to the internet. At other times, two radios could be used to maintain a stronger WiFi signal. [Source]

A brand new controller, EA exclusivity
A brand new controller, EA exclusivity Gizmodo

A brand new controller, EA exclusivity

There's not really too much different about the new controller; it's a little bit taller, a few buttons have been moved, and the A/B/X/Y buttons look a little different.

The interesting story lies in what you will be able to do with these buttons. Microsoft has made an exclusive deal with Electronic Arts to provide exclusive content to the XBox One.

FIFA 14, Madden 25, NBA Live 14, and UFC will all arrive on the new XBox within a year, and they will have features you won't see on other consoles, namely due to EA Sports Ignite. This new game engine brings games to a whole new level of realism.

A new Kinect
A new Kinect Engadget

A new Kinect

Microsoft pumped a lot into the new Kinect. The sensor is now 1080p, captures 60 frames per second, and has a 60% higher sensor field. It will detect even the slightest of movements, can read your heartbeat, and check to see how balanced you are. Microsoft is even making claims that the new Kinect works just as well in the dark.

Tons of content
Tons of content Engadget

Tons of content

There are already plans to bring 15 games to the XBox One, with eight of them being brand new franchises.

A few of the titles were released already and include Call of Duty: Ghosts and Forza Motorsport 5, among others.

The content flow doesn't stop with just games, however. Microsoft is determined to make the XBox One your one stop shop for all entertainment needs. They've partnered up with NFL to offer a better fantasy football experience with improved onscreen updates and Skype integration.

No backwards compatibility
No backwards compatibility Engadget

No backwards compatibility

It's not all sunshine and roses at the XBox One launch event. Seeing as the new console uses a completely different type of engine, games from older systems will not be compatible with the new kid on the block.

XBox Live content will also be incompatible with the One, however Gamerscore informationi and your Live Gamertag will transfer over.

At first this could be rather upsetting news, however Microsoft reassured the folks at Engadget by saying, "We care very much about the investment people have made in Xbox 360 and will continue to support it with a pipeline of new games and new apps well into the future," and that the new system is specially crafted, "to play an entirely new generation of games -- games that are architected to take full advantage of state-of-the-art processors and the infinite power of the cloud."