Xbox One News: Can Microsoft Save Its Xbox Console Next Month? [VIDEO]

E3 2016 is practically around the corner, and the world's gaming giants are preparing to unveil their latest and upcoming creations to the world. While Sony has been pretty open to the notion that it would be unveiling an update to the PlayStation 4 during the event, Microsoft has been quite secretive about its plans for the console department.

Microsoft is really putting in a lot of effort this year though, with Coalition Studio Head Rod Fergusson confirming that new footage for the highly anticipated game, Gears of War 4 would be included in Microsoft's E3 2016 presentation.

As much as new games are exciting for Xbox fans, however, one thing that would definitely be addressed is the new hardware that the tech giant is speculated to reveal in E3. Though Xbox Head Phil Spencer himself debunked rumors of an Xbox 1.5, he did not shoot down any speculation about a possible Xbox Two, or even an Xbox Slim.

It is not secret that while the Xbox One is selling better than any of its predecessors, it is performing poorly compared to its rival, the Sony PlayStation 4. With Sony's console beating Microsoft's machine 2 to 1 in terms of sales, Microsoft would definitely need to pull out all stops in order to shift the gaming world's trend towards its console.

Thus, while it is already expected that Microsoft would unveil some new hardware, what exactly does the firm have to do in order to take a definitive step forward in toppling the PS4? One thing that many Xbox fans are stating would be for the tech giant to unveil different iterations of the Xbox, such as a lower-end model and a high-end model comparable to the rumored PS4 Neo's VR capabilities. Doing so would address one of the Xbox One's biggest problems during its launch - its price.

Other features that might very well convince gamers to shift to the Xbox ecosystem is to make simply make the machine perform better. After all, while the Xbox 360 and the PlayStation 3 were matched very well, the Xbox One lagged behind the PS4 in almost every technical aspect. Unfortunately for Microsoft, gamers noticed the difference, and the Xbox One ended up lagging noticeably behind the PS4 in terms of sales.

Of course, even something as simple as releasing an Xbox One slim with better internals would help Microsoft's console business a lot. Considering that the Xbox One was deemed by many gamers as a huge hunk of a machine, making the console much more streamlined and sleek, while performing faster, might very well make it very attractive to consumers.

Considering the Xbox One's situation right now, Microsoft is at a point when it could simply not afford to stay still. With its rival moving steadily forward, Microsoft is practically required to do the same.

However, there is no denying that the Xbox has a very strong and loyal community. Thus, at the end of it all, Microsoft's presentation of its new hardware in E3 2016 does not even have to exhibit how the firm intends to beat Sony. Rather, the Xbox simply needs to show its fans that it could exceed itself.