Microsoft has sent out press invites for an Xbox event on the eve of the E3 gaming conference in Los Angeles on June 10.
However, Microsoft has already intimated that the May 21 event will not tell the whole story, which means there'll be extra interest in whatever it announces on June 10.
The gaming titan will the console hardware, specs, peripherals and some software during its May event, whereas the company's E3 showings will focus on the full launch line-up for the next-generation device.
Between the two events we should find out all we need to know about Microsoft's gaming and living room entertainment plans for the next 5 years.
The pre-E3 event will likely showcase a host of advanced games, with the likes of Halo 5, Ryse and a new Forza game expected to be among the launch titles. Many of which are expected to make use of the updated Kinect sensor, that may be revealed on May 21.
As well as its next-gen games, Microsoft is, according to reports, also planning an even bigger push into on-demand and web-based television and video platforms, expected to be as important to Microsoft's plans as the gaming itself.
Microsoft is widely expected to announce a console that runs on core Windows 8 software and a device powered by AMD Jaguar chips and graphics.
The company is expected to focus on cable TV set-top box integration, while social sharing may also to play a major role in Microsoft's presentations over the next month or so.
The last few months of tech news has been dominated by speculation over how Microsoft will answer the challenge laid down by Sony, following its PS4 launch back in February. So, what would you like to see Microsoft announce at E3? Let us know in the comments section below.