Esquire – 12 Things You Need to Know About the Next Xbox

Yesterday, Microsoft unveiled its long-awaited successor to the Xbox 360 at their Xbox Reveal event in Redmond, Washington. By console announcement standards, it was a relatively by-the-numbers gathering, showcasing significant enhancements to existing features and a few surprises without showing all their cards before the E3 Expo in June. And they've already one-upped Sony by showing the actual console. If you had "Xbox 720" or the rumored "Xbox Infinity" in the name betting pool, sorry.