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Xbox One X is the final name of Project Scorpio

Take a look at your introduction to the 4K console future

Image of Xbox One X console and controller Microsoft

Microsoft’s Xbox One upgrade will be called the Xbox One X, the company announced during its E3 2017 press briefing today.

The Xbox One X will be released Nov. 7 worldwide, Xbox head Phil Spencer announced. It will cost $499.

Microsoft updated the Xbox One last year with the Xbox One S, a white redesign of the original black console that reduced its size by 40 percent. Unlike the Xbox One S, the Xbox One X will come in black — although it looks very similar to the white console in shape and design, as you can see above.

As previously announced, the Xbox One X will include a 1 TB hard drive. And because it contains the same port array as the Xbox One S, the same power cable works with both systems. The Xbox One X will contain a 4K Blu-ray drive, three USB 3.0 ports — one in the front, two in the back — and an IR blaster.

The Xbox One S is currently available at a $50 discount, which drops the price of the cheapest bundle to just $199.99. Scorpio will be a significantly more powerful console, with a more than fourfold increase over the Xbox One's graphics capability, a 31 percent increase in CPU speed, and a 50 percent increase in onboard RAM. Even so, it is smaller than the Xbox One S, making it Microsoft’s smallest console ever.

Update: The Xbox One X will cost $499.

Update 2: Here are some product photos of the Xbox One X from Microsoft.

Update 3: We’ve updated the post with some additional details.

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