E3 2013: Five Takeaways From Yesterday's Gaming Press Conferences

"This is how you share your games on PS4."
"This is how you share your games on PS4."

The Electronic Entertainment Expo (E3) is home to the year's biggest gaming announcements, from new consoles to the latest games from your favorite publishers and developers. This past Monday, Microsoft, Sony, EA, and Ubisoft held major news conferences to showcase all the goodies that will make our wallets hurt this fall and beyond.

With each conference packing at least an hour full of hardware and game announcements, that's a lot of information and bright, shiny pixels to take in. Don't be overwhelmed, fellow gamer -- we've broken it down for you after the jump.

Pictured: A happier time, before the price-point reveal.
Pictured: A happier time, before the price-point reveal.

Elisa Meléndez

5. The Xbox One

As we learned in last month's Xbox One reveal, the console is showing some significant upgrades from the 360, including a more responsive Kinect and refined controller. One announcement that generated cheers was the abolition of Microsoft Points, the Xbox's proprietary and often-annoying form of currency. Instead, you purchase games and other items on Xbox Live with your actual local currency. Hooray!

Not ready to take the plunge? The Xbox 360 got a redesign, and the new version is available right now. There is also plenty of 360 content coming out between now and when the One arrives, so there's no need to give it up just yet.

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