Today, during Microsoft's E3 2017 press briefing, the house of Xbox officially revealed the pricing and name of its upcoming console previously code named "Project Scorpio."

In a perhaps unsurprising move, the console lost its code name, and is now officially called Xbox One X. It will release worldwide in the fall of 2017. It will release worldwide on November 7th, 2017.

Xbox One X comes with a lot of horsepower under its hood (at least for a console), including a CPU/GPU combo capable to deliver 6 teraFLOPS of computing power, 12 gigabytes of GDDR5 RAM, a one terabyte hard disk drive, and a 4K ultra HD Blu-ray disk driver. It's said to be able to deliver true 4K games to the console space.

It's also the smallest console ever created by Microsoft, while its design(besides the black color) are strikingly similar to that of the Xbox One S.

During the presentation, microsoft showcased a trailer to set the mood, and you can see it below, alongside a few snapshots showing what the console looks like.