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The company not only announced the hardware, but also confirmed the name of the system that was previously rumored to be called the Xbox 720 or Durango.

The console features 8GB of RAM, an 8-Core CPU, 500GB hard drive, a Blu-ray drive, HDMI in and out ports, USB 3.0, 802.11n wireless, and a built-in Kinect sensor. Microsoft described the Xbox One as an “all in one system” that is made for encompassing games, entertainment and television all into one device.


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