Microsoft's redesigned Xbox One S console, which was originally unveiled at E3 2016, is set to arrive next month. The slim, white version of the gaming console will hit stores on August 2 and should be delivered on that same day for those who pre-ordered it according to the company. But the rollout only includes the more expensive ($400) 2 TB model, with the 1TB and 500GB variants arriving in December for $349 and $299, respectively.

As reported earlier, the Xbox One S is 40 percent smaller than the current Xbox One and comes with an internal power supply, ditching the current model's massive power brick. It also adds support for 4K Blu-rays and streaming videos, as well as high-dynamic range (HDR) color support in certain upcoming games such as Gears of War 4 and Scalebound.

Another change is the removal of a dedicated Kinect port at the back of the console. The handful of people still interested in Kinect can use the peripheral with the new Xbox One S, but they'll need the Xbox Kinect Adapter for USB. The console comes bundled with a slightly redesigned Xbox Wireless Controller featuring textured grip and Bluetooth support. This controller will also be sold separately for $60, starting on August 2.

Today's announcement shouldn't be confused with Microsoft's upcoming Scorpio update, which is slated for release by the end of 2017 with true 4K and VR gaming support.

The Xbox One S that's arriving next month is a mid-cycle upgrade and will support all the same Xbox One games, accessories, and Xbox Live services.