Microsoft officially revealed the Xbox One X during their E3 2017 press briefing yesterday, and pre-orders for the new system will be available later this year. The console manufacturer first announced plans to develop a new iteration of the Xbox One that would support 4K capability last year, then titled Project Scorpio. After getting a brief update on the system earlier this year, Microsoft finally unveiled the new console yesterday, officially titled the Xbox One X.

The Xbox One X is the first video game console to support 4K and HDR at 60 frames-per-second, thus supporting Microsoft's claim that it's the most powerful console ever created. Developers can achieve those benchmarks by utilizing the system's 6 Teraflop 1.172 Ghz GPU, 12 GB of GDDR5 RAM, 326 GB/s of memory bandwidth, and a liquid-cooling vapor chamber. It also supports 4K Ultra HD Blu-Ray and is compatible with all components from the Xbox One and Xbox One S iterations.

It's not only the most powerful system Microsoft has ever created, it's also the smallest, featuring a built-in power supply unit as well as three USB 3.0 ports. In addition to being bundled up with an Xbox One controller, HDMI cable, 1-month Xbox Game Pass, and a 14-day Xbox Live trial, the Xbox One X also comes with a 1 TB hard drive, something the original Xbox One didn't have at launch. All of that plays a factor in Microsoft pricing the new system at $499. The Xbox One X has been confirmed to release this November, and Xbox's marketing boss Albert Penello has revealed on IGN Live (via Twitter) that pre-orders will be available "later this year."

To show off all of the new console's bells and whistles, Microsoft previewed gameplay for Forza Motorsport 7 -- developed by the manufacturer's in-house studio, Turn 10 -- during their E3 briefing yesterday. Each game showed was running on the Xbox One X, even if it wasn't specifically designed for the new system, thus displaying the console's capability for upscaling traditional 1080p games. Furthermore, the company revealed first look gameplay for third-party titles such as Assassin's Creed: Origins and Anthem.

To further entice potential buyers, Microsoft has stated that they are taking backward compatibility even further back than the Xbox 360; certain games from the original Xbox will be playable on the new system -- the first of which is FASA Interactive's Crimson Skies: High Road to Revenge.

Microsoft is clearly making an ambitious push with the Xbox One X. Without pre-order numbers, though, it's difficult to determine how the public is reacting to the latest console iteration. It's plausible that Microsoft would like to show off more games for the new system before making pre-orders available, thus incentivizing potential new buyers. Since the next big video game event is Gamescom in August, perhaps we'll find out more about the system (and the company's pre-order schedule) at that time.

NEXT: What the Xbox One X Really Is

Source: IGN Live (via Twitter)