Since the launch of the Apple TV, Microsoft has been looking for their own device to compete. While there are only rumors right now, a report in Petri IT Knowledgebase has stated that Microsoft may be considering a slimmer, updated Xbox One.
The lighter Xbox One would likely only be for games from the Windows store and would not be as powerful, due to its smaller size. In this way, the product would be similar to the Apple TV and its App Store. This type of Xbox has been suggested before by Microsoft, back when the current version of the console was new. Those initial plans were passed by at the time, and it is unknown yet if this smaller device will be passed by as well.
If this new Xbox One were produced, the Petri report states that it would “have a much lower price point” than the current version. While the prices for Xbox consoles tend to deteriorate over time anyway, this is good news for gamers who can’t afford the Xbox One at its current price and don’t want to wait for the price to go down.
Microsoft has done this sort of thing before, with the Xbox 360 S that followed the Xbox 360. If the slimmer Xbox One is released, it would probably not be until late 2016.