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Microsoft Unveils Better, Cheaper Xbox Ones Ahead of E3 Game Expo

If you've been holding off picking up the next generation of gaming consoles, now might be your chance to get a better deal. Microsoft has doubled the amount of storage you get in the $400 Xbox One to 1 TB, and dropped the price of the previous 500 GB version to $350. The updated console also comes with an improved controller — the new one has a 3.5mm audio jack so you can plug in any old pair of headphones (it also has a cool urban camo design). A wireless adapter, coming later this year, will let you use the controller with your Windows 10 computer or tablet, too.

But wait, there's more! The 1 TB Xbox One will also come with "Halo: The Master Chief Collection," a pack of the first four Halo games and a bunch of extra content. If you missed them on the old consoles, this collection is a great way to catch up before "Halo 5: Guardians" comes out later this year.

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The announcement is strategically timed to precede the Electronic Entertainment Expo (June 16-18), where dozens of new games will be announced. So if you're still on the fence, wait a week and see if anything piques your fancy — on Xbox One or its perennial competitor, Sony's PlayStation 4.