Xbox One
Xbox One is expected to hit store shelves later this year. Xbox.com

Putting all speculations to rest, Microsoft (NASDAQ:MSFT) finally unveiled its upcoming gaming console, the Xbox One on Tuesday. Although no release date has been announced for the Xbox 360′s successor, the device is expected to hit store shelves later this year.

Millions of gamers all around the world had been eagerly waiting for the new Xbox. But it’s not only the device that feeds the craze. The games also play a significant role in making the console sell like hot cakes. So what are the new games coming to the platform?

Microsoft has confirmed during the launch event that 15 first party games will be available on Xbox One over the next 12 months, with eight of those games to be brand new franchises.

The event has also introduced a few games during the Tuesday event. But before getting into that, it’s worth noting that the new Xbox One will not be compatible with Xbox 360 and the original Xbox games. Therefore, if you want to keep playing with the older titles, you just can’t ignore your exiting console.

Xbox One pics2
15 first-party games will be available on Xbox One over the next 12 months. Xbox.com

When it comes to the Xbox One games, Electronic Arts (EA) has confirmed on its Facebook page (users need to log in) that one of its highly successful franchises, “Battlefield 4,” will be released for Xbox One along with other devices like Xbox 360, PlayStation 3, PlayStation 4 and the PC. Although EA has set the launch date on Oct. 29, the Xbox One version could arrive later as the device itself is yet to receive a confirmed release date.

EA has also confirmed Battlefield 4’s first expansion pack, titled “China Rising.” To be available at launch, the pack will contain four extra maps, with extra vehicles and weapons. It will also come free with any pre-order of the game.

According to a Redmond Pie report, there was no mention about the “Battlefield 4” at Microsoft’s unveiling of the Xbox One. “Instead, EA focused on its EA SPORTS titles, with FIFA 14 and others taking center stage during the event.”

Microsoft’s Xbox One launch event came to its end with yet another exciting announcement. Providing the first glimpse of the upcoming “Call of Duty: Ghosts” title from Activision, the event came up with the announcement that the Ghosts would first be available exclusively on Xbox One.

"Infinity Ward set the gold standard for first person action for a generation, and they're going to do it again with Call of Duty: Ghosts," Eric Hirshberg, chief executive of Activision Publishing Inc said, earlier this month.

"Ghosts delivers an all new story, all new characters, an all new Call of Duty world, all powered by a next-generation Call of Duty engine, which is a leap forward for the franchise. Infinity Ward is going all-in to create the next-generation of Call of Duty worthy of the world's greatest fans."

The brand new “Quantum Break,” was also among the first titles to make an appearance during the Xbox One event. Although nothing much had been announced about the title, more information is expected to be revealed with E3 2013 kicking off on June 10.

In addition to “Quantum Break,” Turn 10 Studio also provided a glimpse of Forza Motorsport 5. Take a look at the trailer below:

Other games that are set to hit the Xbox One platform include Madden NFL, NBA Live 14, EA Sports UFC, Destiny, Assassin’s Creed 4 and Watch Dog.

According to Ubisoft, Assassin’s Creed 4 and Watch Dog are two of "at least six next-gen games" to be released for the new Xbox One within the console’s first years.

When it comes to the specs and features of the latest Xbox One, it sports 8 gigs of RAM, 8 core CPU and GPU SoC with a substantial 500GB hard disk drive. It also comes with a Blu-ray drive as well as USB 3.0 and integrated 802.11n Wi-Fi. For more information, click here.