Microsoft has a big year planned for the Xbox One, starting in March where it will deliver the first major dashboard update, according to sources at The Verge and NeoGAF. The update is set to address issues with Xbox Live services on the console, with things such as party chat and social features said to be improved alongside regular system fixes.

Towards the end of the year, in October, it's rumored that Microsoft will launch a white version of the Xbox One to the public, as well as the special employee-only white edition. Prospective buyers might also have the option to purchase an Xbox One with a 1 TB hard drive inside in November.

Internally, Microsoft has been testing versions of the Xbox One without a Blu-ray drive, and it's rumored that this particular version may launch in 2014 as a lower-cost ($399) option to go head-to-head, price-wise, with the PlayStation 4. Around the time of the console's launch, Microsoft stated that the Kinect and TV-in features are integral parts of the Xbox One, so it does seem more likely that the Blu-ray drive will removed for any low-cost version.

Finally, it was reported that Microsoft will be releasing the Xbox One in new territories throughout the year. In April, Microsoft is said to launch the console in Japan, South Korea, Taiwan, Singapore, Hong Kong, Russia, Sweden, Norway, Finland, Denmark, Colombia, Chile, and Argentina. In October, those in China, Poland, Czech Republic, Hungary, Greece, Portugal, Slovakia, Turkey, Saudi Arabia, South Africa, United Arab Emirates, Israel, India, Indonesia, and Egypt will finally have access to the One.