As Microsoft heads towards E3 2016, speculations about the tech giant's plans for its gaming department continue to emerge. In the latest series of rumors, speculations are abounding that the tech giant is planning to debut two devices during its presentation at E3 this coming June, the rumored Xbox One Slim and the Xbox TV.

Though neither devices have been confirmed by Microsoft, rumors about the Xbox One Slim have been around for some time. Speculated to be the tech giant's response to the Sony PlayStation 4 Neo which is all but confirmed for this year, the Xbox One Slim is rumored to have 4k capabilities and some form of VR support.

Since the Xbox One debuted years ago, it has found itself in the shadow of its rival, the Sony PS4. Outmatched in power and specs, the Xbox One suffered in its sales numbers, with the console being outsold by its Japanese rival significantly.

With Sony expected to release an update for the PlayStation 4 this year, Microsoft has found itself on the defensive once more. This might all be addressed, of course, if Microsoft opts to unveil the Xbox One Slim, a sleeker, hopefully more powerful version of the Xbox One, during its E3 2016 presentation next month. With an updated console, Microsoft would be better equipped to weather the storm that would ensue once the PS4 Neo arrives.

With the Xbox One Slim being 40 percent smaller than the current model, and with speculations that the new machine would have some VR support for the Oculus Rift, Microsoft's Xbox One update might very well be the exact device that the tech giant needs.

That is, of course, until next year, as new rumors are suggesting that Microsoft would unveil the Xbox Two, currently codenamed Scorpio, next year. If this is indeed the case, the Xbox One Slim would be the perfect device to tide the company over until the console's next full upgrade.

As for rumors about the Xbox TV, Microsoft is speculated to equip the device with several novel features as well, such as full Cortana support. Though details about the rumored device are very scarce, Xbox fans are speculating that the device would be in the form of a remote control with a microphone built in.

Considering the popularity and efficiency of Cortana, Microsoft would indeed be wise to bring the digital assistant over to its Xbox platform.

Hopefully, these speculations and rumors about the Xbox One Slim, the Xbox Two and the Xbox TV would be fully addressed on June 13, during Microsoft's E3 2016 presentation.