Microsoft's Xbox Two release date update 2016: Console is said to be better than the PS4 NEO?

Many fans have been talking about these up and coming gaming consoles that are speculated to come out anytime soon. According to the latest reports, Microsoft is gearing up for its upcoming Xbox Two launching. There are rumors suggesting that the device will be better than Sony's next PlayStation project, which is the PlayStation 4.5 NEO.

Although both Microsoft and Sony have yet to provide specific details with regard to the rumored gaming devices, the American software giant is said to be already talking with game developers on bringing in new games for their new console.

Apart from Xbox Two, there are also speculations suggesting that another Microsoft gaming console will come out. It will be an upgraded version of the current Xbox One and it will be called Xbox One Slim. Unlike, the Xbox Two rumor, Xbox One Slim is more popularly reported. There is even one rumor suggesting that the device may come out at the upcoming Electronic Entertainment Expo or E3 2016, which is slated to happen in June, Christian Today reported.

Meanwhile, the rumors about the upcoming Xbox Two are becoming more rampant especially after Microsoft's Xbox head, Phil Spencer, revealed that the company does not have any plan of producing an upgraded gaming console. Spencer explained that if the company decides to release a new device, it will be a major upgrade and not just another console with a slight improvement from its predecessor like the rumored Xbox One Slim.

"I'm not a big fan of Xbox One and a half. If we are going to move forward, I want to move forward in big numbers," said the Xbox head in a report by Game Spot. "For us, our box is doing well. It performs, it's reliable, the servers are doing well. If we're going to go forward with anything, like I said, I want it to be really substantial change for people — an upgrade."