UPDATE 13TH JUNE: A new leak suggests the Xbox One S price will start at $299, which is currently what major US retailer GameStop is flogging a normal Xbox One for. The leak comes from NerdLeaks, which also just leaked Forza Horizon 3.
Introducing— NerdLeaks (@Nerd_Leaks) June 13, 2016
Xbox One S
ORIGINAL STORY 12TH JUNE: Convincing images of the new Xbox One Slim console - called the Xbox One S - have leaked. They show a black-bottomed and white-topped box with an Xbox One controller on top - a handy size gauge.
Apparently the console is 40 per cent smaller, has a 2TB hard-drive and supports 4K video and high dynamic range. The Xbox One S also apparently has a streamlined controller and vertical stand. Also, according to a leaker on NeoGAF, it sounds like the Xbox One S power brick is internal.
The image was shared on NeoGAF.