New Xbox One: In Pictures: Microsoft Unveils Next Generation Video Games Console (PHOTOS) (VIDEO)

Microsoft has unveiled the Xbox One, the "next generation of entertainment in the living room".

Pitching the device as far more than a games device, Microsoft emphasised the Xbox One's ability to integrate live TV, video calling, movies, music and internet browsing on the TV.

"We put you at the centre of a new generation of entertainment in the living room," said Don Mattrick, president of interactive entertainment at Microsoft.

"Xbox One is built to amaze on day one and continuously improve in the generation ahead," he said.

Either way, we're covering the highlights here. Below we've collected the best pictures of the device, the top games and more key details.

For more we suggest heading to our AOL partners Engadget and Joystick, and the official Xbox Wire website, all of whom are covering the event.