Gamespot also noted that Microsoft's choice of day broke tradition, as the multinational tech company had been choosing Monday for their E3 briefing in the last several years. And in that event it is expected that one of the main stars will be Project Scorpio, the new console of the company. With all the biggest blockbusters this year, there's never been a better time to jump ahead with Xbox One.

The Xbox One Beam app will be available to all Xbox One users later this Spring once the Creators Update rolls out to everyone. Moreover, it was also reported that the console will Microsoft's most powerful one to date.

An invite was tweeted out by the company to its annual E3 media briefing on June 11, Sunday, before E3.

This can be construed as a possible motive for Microsoft's attempt at expediency in finally unveiling Project Scorpio. "And for the fourth consecutive month, PlayStation 4 Slim System 500GB Uncharted 4: A Thief's End Bundle was the top-selling PS4 sku in terms of units sold".

In response to an earlier price cut by Sony bringing the price of the PS4 to $250 from February 12 to February 25, Microsoft is now also offering a discount on all models of the Xbox One and Xbox One S.

Project Scorpio is reportedly capapble of "high fidelity VR".

"With such a broad and varied roster of games and first party exclusives on the horizon, continuous improvements across Xbox Live, and the upcoming launch of Project Scorpio, 2017 is going to be an incredible year for Xbox One and Windows 10 gamers". It will be created to support virtual reality (VR) and games running at 4K resolution at 60 frames per second (fps).