As it was predicted by pretty much everyone and now official from Microsoft; Xbox One S is real. Xbox One S: 40% smaller and with integrated power supply. The new Xbox One S hits stores in August if you live in the US. Xbox One S Stats:
40% smaller than the Xbox One
Integrated instead external power supply
500 GB, 1 TB or 2 TB (limited and selected markets) hard drive
With optional stand ($ 19.99) horizontally and vertically placeable
Blu-ray playback
4K video streaming via Netflix and Amazon Video
HDR effects (higher contrast between bright and dark areas) for supported games and videos
One of the three USB ports, and the connection button wander to the front of the console
The Kinect port disappears at the back, the Kinect can instead with the Xbox Kinect adapter via the USB slot connect (Microsoft has Kinect owners with an Xbox One a free Kinect adapter )